New schools construction 2023-24 (statewide)
Original TEI
$671.8m
Current TEI
$760.4m
Cost Overrun
+$88.6m
+13.2%
Schedule Overrun
12.0 months
Original: Mar 2026
→ Mar 2027
Cost Status
Unknown
Time Status
Unknown
Cost History (TEI over time)
Timeline Drift
No timeline snapshots recorded yet.
Metadata
The TEI has increased by $88.609 million due to market escalation in the construction sector. The TEI includes $13.104 million reprioritised from the New schools construction 2024-25 program. The estimated completion date has been revised to quarter 3 2026-27 in line with a staged project schedule for some projects in the package. The 2025 opening schools included in this initiative opened at the start of 2025, and the 2026 opening schools included in this initiative are on track for a Day 1 Term 1 opening.