East Thames has confirmed new contractors have been selected for 19 places on their new build framework. The framework will deliver a new build construction programme of over £200 million.
The construction contractors will help East Thames deliver around 1,000 new homes through east London and Essex over the next five years. There are nine framework partners for the projects costing below £5million, and ten framework partners for works over £5 million.
The contractors were chosen after a thorough application and assessment process, using the RICS e-tendering portal to maximise efficiency. Each contract within the framework will be let after a further mini competition between the contractors.
The partners have also committed to help East Thames deliver employment and training initiatives to local people wanting to work in construction. These initiatives can range from basic skills training, through to construction apprenticeships and skilled employment opportunities.
East Thames has recently been confirmed as a development partner for the Homes and Communities Agency, and their final grant funding allocation to build new homes over the next five years will be confirmed in the coming weeks.
East Thames Assistant Director, Kevin O'Reilly said: "Developing a framework for our new build works will ensure we have access to proven, quality contractors at a competitive price. It will enable us to operate efficiently to deliver 1,000 new homes in the next five years, and drive real value for money.
"The successful partners were chosen after we considered their experience, quality assurance and competitive pricing. We’re confident that all partners in the framework will help us deliver quality affordable homes and much-needed training opportunities for local people."
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