It will lead a PFI consortium in which Amey Asset Services will manage the design-and-build with Miller. Amey BPO Services will provide catering, cleaning, security and maintenance.
The Bank of Scotland is also a member of the consortium, called the Edinburgh Schools Partnership.
ESP will borrow £60m from the Bank of Scotland and the European Investment Bank. Capital investment over the next two years is expected to reach £92m.
The partnership will build 10 primary schools, two special schools, two high schools, a secure unit and a community centre. It will also extend and refurbish three high schools and one special school.
Edinburgh council will pay £12m a year to the consortium, subject to agreed service levels. Amey's interests in the core subcontracts are valued as follows:
- Design-and-build: £46m
- Lifecycle: £22m
- Facilities management: £2.8m a year.
Brian Staples, chief executive of Amey, said the contract established the company as a leading player in the educational outsourcing market.
Last year Amey also won the Glasgow Schools Project in a public–private partnership deal valued at £1.2bn.