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Lovell and Mears bag £108m housing deal
12:08 03 Sep 2004
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Lovell and Mears have been named preferred contractors for
£108m-worth of housing upgrade work in Peterborough.
Housing association Cross Keys Homes, which will take over the city council's stock of 10,000 properties in October, will now begin detailed financial discussions with the duo and is likely to recommend both contractors at a board meeting set for 27 September.
The deal is set to run for just over four years and will include 5,000 new kitchens, 4,900
bathrooms, 5,000 central heating systems and electrical upgrades.
Tenants played a crucial role in choosing two contractors out of three in the final run-in. To aid their decisions, they visited homes in Stevenage, London and Bradford that the trio are currently working on. The unsuccessful contender was Kier.
Meanwhile, Astraseal and the city council's window factory have won the contract for new doors and windows. Work starts on site in January.
Housing association Cross Keys Homes, which will take over the city council's stock of 10,000 properties in October, will now begin detailed financial discussions with the duo and is likely to recommend both contractors at a board meeting set for 27 September.
The deal is set to run for just over four years and will include 5,000 new kitchens, 4,900
bathrooms, 5,000 central heating systems and electrical upgrades.
Tenants played a crucial role in choosing two contractors out of three in the final run-in. To aid their decisions, they visited homes in Stevenage, London and Bradford that the trio are currently working on. The unsuccessful contender was Kier.
Meanwhile, Astraseal and the city council's window factory have won the contract for new doors and windows. Work starts on site in January.
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