ao link
Twitter
Facebook
Linked In
Twitter
Facebook
Linked In

You are viewing 1 of your 1 free articles

Sanctuary opens £1.8bn contractor framework

Sanctuary has opened a £1.8bn contractor framework for tenders as it looks to build 30,000 homes by 2027.

Linked InTwitterFacebookeCard
Sharelines

Sanctuary opens £1.8bn contractor framework

The 100,000-home housing association is developing an internal contracting arm, which it hopes will see it build 3,000 units a year for the next 10 years.

Contractors taken on through the framework are expected to account for 60% of that target, while Sanctuary will work with sub-contractors to deliver the rest of the homes.


READ MORE

Aster Group appoints contractors to £150m frameworkAster Group appoints contractors to £150m framework
Galliford Try acquires South East-based contractorGalliford Try acquires South East-based contractor
Japanese bank and pension fund loan £75m to SanctuaryJapanese bank and pension fund loan £75m to Sanctuary
Keepmoat appoints contractor for regeneration schemeKeepmoat appoints contractor for regeneration scheme
Our £1.8bn framework will put us in the delivery driving seatOur £1.8bn framework will put us in the delivery driving seat

Peter Martin, group director of development at Sanctuary, said: “This framework is the cornerstone of ensuring our ambitious development programme is sustainable year in, year out.

“Having our own construction arm will enable us to control the quality and speed of delivery to ensure we play a key part in increasing affordable housing supply across the country.

“We’d particularly encourage small to medium enterprises to submit bids for the framework, as there are a number of lower expenditure projects on the table that should suit contractors of varying sizes.”

Tenders are open on 35 lots across England and Scotland, with build costs ranging from around £2.5m to £25m. Submissions for the framework are open until 14 August.

Separate frameworks for the sub-contractors and new build consultants are set to open soon.

Linked InTwitterFacebookeCard
Add New Comment
You must be logged in to comment.