So IES - a private profit making company - will be running a free school on behalf of the proposers in a 10 year contract worth £21m according to this story
The DfE says "This is not the same as the free school proposers making a profit themselves. The charitable trust will manage the contract and hold the contractor to account, and will be fully responsible and in control over what happens in the school.'
This is a private company delivering education using tax payers money. They will not be answerable to parents or the local community. They will in effect be answerable only (and indirectly) to the Secretary of State via the Free School's funding agreement.
For anyone who believed this government when it said that public services are safe in their hands - this is the direction of travel and the first step (of many) en route to an entirely private sector education market.