East Thames Group also seeks contractor for 60 other landlords
A London housing association is looking for a contractor to take over its repairs, maintenance and building work in a deal worth up to £325m.
East Thames Group will also investigate setting up a joint venture company with the winning firm which would take on the employment of some of staff. A spokeswoman for East Thames said the staff potentially affected work for the association’s contractors and are not directly employed by East Thames. The joint venture firm might also bid for work from other organisations.
The winning bidder would repair and maintain the association’s stock of over 13,000 flats and houses as well as community and commercial buildings.
East Thames could extend the scope of the contract to include providing Green Deal energy efficiency improvements, supporting IT services such as WiFi to its residents, and providing sustainable energy services.
The contract begins in April 2013 for seven years and can be extended to a maximum of 15 years. But the joint venture would not be set up before 2018.
East Thames anticipated the contract would be worth between £135m and £325m.
The deadline for receipt of tenders is 12.00 on 9 March 2012.
The successful contractor could also be the sole firm on a new framework which up to 60 other councils and housing associations in London, Essex and Hertfordshire could choose to use. The deal would start around April 2015 and last for four years.
An East Thames spokesperson said:“East Thames is currently looking to procure a long term partner to deliver the Group’s maintenance and asset management service. We aim to have the new contract up and running from 1 April 2013. We also plan to put in place an additional OJEU compliant framework agreement, which a number of registered social landlords will have the opportunity to use.”