Top housing association launches £10m legal services tender
One of the country’s largest housing associations has launched a procurement exercise for a legal services framework worth almost £10m over five years.
Genesis Housing Association – which was formed through the amalgation of Genesis Housing Group and PCHA, Pathmeads and Springboard Housing Associations in 2011 – has more than 100,000 homes under management across London and the East of England.
The association has divided the agreement for legal services into two lots: conveyancing and corporate.
Genesis expects to appoint one provider to each lot, although the same provider might be appointed to both.
The scope of the corporate lot – with an annual value of £1.587m – is as follows:
- Development, construction and procurement;
- Housing and asset management;
- Finance;
- Employment, pensions and governance;
- Related dispute resolution.
The scope of the conveyancing lot – with an annual value of £300,000 – is as follows:
- Shared ownership sales;
- Staircasing;
- Sales (freehold & leasehold);
- Commercial property;
- Related dispute resolution.
The agreement, which is not being procured on behalf of any other authorities, is estimated to be worth up to £9.38m excluding VAT. It will last four years, with an option to extend for a further year.