The Government says it has signed a $298 million contract to build and maintain four schools in Auckland, Christchurch and Queenstown.
It says the public private partnership or PPP with a consortium of building and design firms will save it as much as $27 million over 25 years.
The new schools are Ormiston Junior College in Auckland, and Aranui Community Campus and Rolleston College in Christchurch, while in Queenstown, Wakatipu High School will be rebuilt at a new location.
The consortium includes Hawkins Group, ASC Architects, and a facilities management company, Programmed.