Three firms share £2bn modular housing framework
Three modular housing firms have shared a £2bn framework to build volumetric homes across England and Wales.
The Central Housing Investment Consortium (CHIC), which is made up of 92 housing associations, local authorities, and ALMOs is procuring three contracts for the manufacture, supply and erection of homes. Two lots include all associated construction works in a “turnkey” approach, while with the third, the site works will be an option.
Winner of the first lot was Impact Modular based in Peterborough. Hull-based Module-AR took the second of the two turnkey lots, and the third lot was taken by Elements Europe.
CHIC has developed compliant solutions for the development of new homes branded as ‘Buildsmart’. CHIC members can access frameworks and contracts for the provision of consultants and contractors to develop new housing projects using traditional construction, timber frame construction or modular housing. The procurement is designed to strengthen the Buildsmart options for members by providing a new contract for the provision of modular homes.
The first lot is worth £303m, the second £572m and the third £1.17bn. Each is for a duration of five years but has the option to be extended by two subsequent periods of five years, giving an overall contract term of 15 years.