Purpose

An experienced acquisitions agent is required
to support the delivery of the council’s Acquisition
Programme(s). The agent’s role has now been extended to that
of Main Contractor to manage the refurbishment works of acquired
properties. The procurement can be used for both General Fund and
HRA Acquisitions Programmes.
The approval to award a contract to Constellia, who will
subcontract Phi Property Acquisitions Ltd and Phi Works Ltd.

Content

The decision has been made to award a contract
to Constellia, who will subcontract Phi Property Acquisitions Ltd.
for the property sourcing and Phi Works Ltd. for the refurbishment
works.
The two contractors will undertake a programme of purchasing
residential houses and flats from the private housing market, in
addition to other housing opportunities. Phi Property Acquisitions
Ltd. will need to deliver sourcing and negotiating, property
transaction management, RICS valuation and building surveying
services. Phi Works Ltd. will be providing construction services to
refurbish the acquired properties.