An East Midlands-based housing association is seeking a contractor for a £200m investment programme over the next five years.
Lincolnshire Housing Partnership (LHP) has published tender details for its Decent Homes (Investment) contract, which will run from May 2023 and is worth between £75m and £200m.
The scheme includes general construction work, erection of roof frames and coverings. Fit-out, including plumbing, electrical and carpentry work, is also included, while the chosen contractor will carry out floor and wall-covering works.
The contract runs until March 2028, but can be extended by 12 months at a time for a maximum duration of 10 years. The closing date for interested parties is 20 November.
Works in the contract may apply to any area of Lincolnshire or North East Lincolnshire, according to the tender.
The new investment programme forms part of LHP’s 30-year plan.
The contract comes as a number of housing associations and councils launch framework contracts covering their property portfolios.
Earlier this month, Suffolk County Council launched a £500m framework covering building services in the region, including general construction, insulation and M&E works. Work contracted through the £500m framework could also include plumbing and painting jobs, the tender states.
The framework is split into five lots and will run from June next year until May 2027.
Office for National Statistics figures published on 12 October found that, overall, repair works across the construction sector in August hit their lowest level so far this year.
The data revealed that the sector undertook £15bn of works during August, but the amount of repair works shrunk for the third consecutive month – down 2.8 per cent from July and 4.8 per cent from May.