The Scottish Government will step in to provide the majority of added costs to complete the construction of Fife College’s new site at Dunfermline Learning Campus.
The project was initially supposed to cost £100 million, but the Press revealed in late August that the cost has shot up by over 50% to £155 million.
A Scottish Government spokesperson said: “We have worked closely with the Scottish Funding Council to ensure funding is in place with the Scottish Government providing up to £154.5 million in capital investment for the project.”
Additional capital investment of up to £4 million will be provided by Fife College.
The college facility will not open until the 2025-2026 academic year.
A spokesperson previously told the press: "In line with other current public sector capital builds the project has experienced capital cost pressures.
“Progress on site construction continues well and the college looks forward to welcoming students to the new campus in the 2025-26 academic year.”
The site also includes Woodmill an St Columbus High Schools, which both opened earlier this year. It’s estimated that once the college is open the learning campus will house 4,500 pupils and students.
Facilities at the college are likely to include engineering and construction workshops, a university hub, and a sports hall.
Outdoor learning spaces and teaching areas will also be included for courses such as childcare and hospitality.
A Scottish Funding Council spokesperson added that delays are common for similar projects.
They said: “These can be attributed to a highly challenging construction market as well as a commitment to deliver on the net zero public sector building standard which supports public bodies to meet their net zero commitments for new build and major refurbished infrastructure projects.”
The college aims for the new facility to hit net zero by 2035, and both high schools on the campus have energy efficiency targets included in their LEIP funding agreements.
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