Case Study
Guam Education Financing Foundation

Employment

The development and maintenance of the schools will employ hundreds of local workers.
GEFF will assist the Guam Technical College in forming an apprentice program to offer on-the-job training of local employees.

Benefits

Guam will be able to alleviate current over-crowded and deteriorated conditions currently found

Status

All four schools were completed on time and on budget
After two years of operations the construction and maintenance of the four schools is held up as a model of procurement and as a successful public/private partnership

Summary

Iron Bridge founded the Guam Educational Financing Foun dation to respond to Guam’s request for proposals to design, build, maintain and leaseback 5 new schools pursuant to a municipal lease.
Iron Bridge assembled a team of experts in the design and construction of state-of-the-art educational facilities and submitted the strongest proposal and was selected to complete the project.
Iron Bridge and its partners have completed over $1 billion of municipal leasing transactions and was able to impart this expertise to provide the most efficient and cost-effective execution.
Iron Bridge has assembled a local team of contractors, engineers and designers to assist in the completion of the project. Iron Bridge has identified private investors to provide 100% of the required funds based on the available lease payments over a 20 year term.
Members of the GEFF team have designed and constructed over $1 billion of school facilities and have since studied the particular challenges of Guam building codes and local capacities, labor and materials.