Asra Housing Group has agreed six long-term asset management contracts worth over £55million.
The contracts start on 1st October covering planned and reactive maintenance, refurbishing empty properties (voids), fire risk assessments and gas safety.
Ranging from four to ten years in length, the contracts will deliver significant cost savings, more consistent quality of housing for tenants plus clearer timetables of future works for tenants.
These projects are the largest ever undertaken by the Group and replace shorter yearly contracts previously used.
William Cornall, asra Housing Group’s Group Director of Development and Assets, said: “These contracts represent the realisation of a long-term goal for asra Housing Group.
“Not only will they improve the consistency of the product we deliver to our tenants, but they’ll allow long-tem planning of works. We will be able to show a much clearer picture of when improvements will be made to properties.
“Tenants will also see where their money is being invested, giving them greater security and peace of mind.”
asra Housing Group is in the process of compiling a stock condition survey of all of its 13,000 homes.
The information produced by this significant undertaking will provide the base for honing the strategic direction the Group takes in its future asset management activities.
“By working with fewer partners over longer time frames, we will drive forward the way we manage our properties,” added William Cornall. “Our housing stock condition survey will be completed by the end of the year, allowing us to then plan all future works with our selected contractors.”