Decision details

'One Stop Shop' property agent Service for Residential Property Acquisition Programme

Decision Maker: Executive Director: Growth and Regeneration

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

On 24 January 2023 Cabinet approved the HRA Development Programme 22-27 and authorised the Executive Director of Growth and Regeneration, in consultation with the Section 151 Officer, Cabinet Member for Finance, Governance and Performance and
Cabinet Member for Housing Delivery and Homes to implement the HRA Development programme including all steps necessary to procure and award contracts (including goods, works and professional services) during 2022/23 to deliver the HRA Development programme capital investment plans.

Decision:

Approval to award a contract to Constellia, who will subcontract Phi Capital Investments Ltd. to undertake a programme of purchasing individual residential houses and flats form the private housing market. A suitably qualified, experienced, and insured property agent is required to support the delivery of this programme. As BCC is seeking the agent to deliver a ‘one-stop-shop’ service, the agent will need to deliver valuation services, building surveying services and conveyancing services. The conveyancing services can be delivered in house by the property Agent or via a consortium which includes a suitably qualified and experienced conveyancing firm.

Alternative options considered:

Option 1 - As this is a acquisition programme, there we no other options to pursue and no internal resource was available to undertake this programme

Publication date: 08/02/2024

Date of decision: 06/02/2024