North East affordable housing providers to procure £5.8m legal services framework
Two major providers of affordable housing in the North East and Yorkshire are to procure a legal services framework worth an estimated £5.8m.
Karbon Homes and Gentoo each manages around 30,000 homes.
The contract has been divided into eight lots:
- General Property (value: £920,000).
- Development (£1.18m).
- Planning and Construction (£480,000).
- Property Securitisation (£1.4m).
- Housing and other landlord and tenant matters (£580,000).
- Governance and Compliance (£360,000).
- Corporate, Commercial and Finance (£480,000).
- Employment and Pensions (£400,000).
The framework is due to last 48 months from the commencement date, with an 24 initial months and options to extend for 2 x 12 months.