A2Dominion drops frameworks for £150m repair work JVs

Aaron Morby 12 years ago
Share

Housing provider A2Dominion has formed special joint venture companies with two of its contractors for repairs and void works worth more than £150m over the next 10 years.

The group has appointed Breyer B-Line and Mitie as limited liability partnership partners under a 10-year agreement starting from 1 April.

The joint venture companies have been named Pyramid Plus and will deliver repairs to A2Dominion’s 34,000 properties across London and the South East.

Andrew Evans, A2Dominion’s Executive Director (Operations), said: “The JV model is, we believe, a more efficient and cost effective delivery vehicle that will provide a first class service to our customers whilst, at the same time, offer opportunities to generate additional revenue streams.”

Tim Breyer, managing director of Breyer Group, said: “This is an innovative delivery structure which provides us with the opportunity to further enhance our collaborative approach and develop a model that is at the forefront of partnership working.”

Peter Griffin, director of social housing at Mitie, said: “We are extremely excited about the JV with leading housing provider A2Dominon. The venture will guarantee a high value of investment in its people, ensuring excellent customer service for the ten year life of the contract and beyond.”

The award of the contracts follows the successful completion of a comprehensive OJEU tender process, and the subsequent customer consultation and standstill period.

For each of the JVs, A2Dominion will be the majority shareholder, with a 70/30 split agreed with the contractors.

A2Dominion will pay a fixed price for the responsive repairs and void services, with any surpluses being shared by both parties and reinvested into additional work, or employment and sustainability initiatives.

Each JV will have a board responsible for maximising efficiency and delivering the services that residents need.

Over time, A2Dominion will look to extend the scope of the JVs to work for other clients, such as housing associations.

Latest news

Fall in office and housing activity dents industry output

Confidence fragile after 0.2% dip in output for second month
8 hours ago

Cat deal sees Flannery plant investment top £100m this year

Leading plant hirer continues to invest in fleet
6 hours ago

Lendlease OK’d to start Birmingham’s £1.9bn Smithfield scheme

First phase of 400 build to rent homes at Manor Square approved
9 hours ago

Fresh plan for £170m Newcastle resi tower and hotel

Gainford Group scales down New Bridge Street scheme to 29 storeys
9 hours ago

Berkeley warns over-regulation a drag on planning reform gains

House builder joins calls for urgent Gateway 2 building safety regulator reform
8 hours ago

Mace confirmed for £140m Gatwick Airport Pier 6 extension

Contractor PJ Hegarty has started enabling works in middle of busy airport
1 day ago

Cost of M3 upgrade soars by £70m

Budget for VolkerFitzpatrick/Balfour Beatty road job jumps to £280m
9 hours ago

Graham takes on ISG £45m Coventry cultural hub job

Firm will start conversion work in the Spring on former IKEA store
1 day ago

Alun Griffiths to “restructure and resize” after £95m loss

Redundancies due to be announced at Welsh civils contractor
2 days ago

Fire safety project approval delays hit Van Elle profits

Piling specialist also reviews future of Canadian operation amid fresh economic uncertainty
1 day ago

JRL Malaysian backers plan £150m London city office refurb

Ardmore set to deliver landmark 25 Finsbury Circus building overhaul
1 day ago

500-home block to replace 19 storey Sutton office tower

Landmark project to deliver 312 Build to rent and 195 co-living homes
1 day ago

Building envelope specialist Bailey buys Comar

Specialist now offers complete building envelope solutions
1 day ago

Subcontractors wanted for work across Wales

Big name buyers at latest Constructionline event: Register now
1 day ago

Balfour Beatty profit dented by £83m building safety hit

Increased order book at £18bn secures growth over next two years
2 days ago

Expanding utilities specialist Ipsum buys Matrix Power

Power engineering contractor takeover will strengthen offer in North East
2 days ago

Historic scaffolding firm files administration notice

Hertfordshire based Rodells has been trading since 1898
2 days ago

Planning Bill to have “seismic” impact on construction

Building-boosting reforms go before Parliament
3 days ago

Briggs & Forrester hits record revenue and orders

M&E specialist rebounds with strong growth across three divisions
2 days ago

Man Utd confirm plan for £2bn ‘super-tent’ stadium

Club to press ahead with 100,000-seat 'Wembley of the North'
3 days ago

Government spending keeps profits edging-up at Kier

91% of work now with public sector and regulated companies
3 days ago

Costain on track for step change to 5% margin

Alex Vaughan says order book has jumped £1.5bn to £5.4bn
3 days ago

Mace tops February contracts league

Confirmation of £300m London Victoria Street project lifts firm to pole position
3 days ago

Wates raids Laing O’Rourke for new construction operations chief

George Mosey leaves Laing O'Rourke after 16 years
4 days ago

Travis Perkins CEO Pete Redfern steps down due to ill health

Redfern joined builders' merchant last year after 14 years at Taylor Wimpey
4 days ago

Morgan Sindall wins £61m Liverpool lab scheme

Construction to start this Autumn on latest Knowledge Quarter project
3 days ago

Glencar to build timber-framed office block

Work to start next month on 79,200 sq ft scheme in Maidenhead
4 days ago

Shed specialist Marbank files administration notice

£67m turnover portal-framed building specialist files court notice
4 days ago

Birmingham council submits £1bn Druids Heath plan

High rise estate to be replaced by-3,500 home eco village
4 days ago

Cannabis farm gang posed as utilities contractor

Gang jailed for 28 years after diverting power to more than 100 cannabis farms
7 days ago

Contractor services