Following the organisation of the Hyde Main Contractor Framework for the primary construction of residential developments in London and the South East, but may also include some commercial and retail spaces, the contractor company Kier has been appointed to seven of the eight Lots.
Going into more detail, the Hyde Main Contractor Framework is divided into eight Lots which cover three areas: Kent, the South, and London, with each region being divided into two Lots for projects that are valued between £5M to £10M and more than £10M, while the two remaining Lots cover projects across all regions that are valued at more than £25M and involve Modern Methods of Construction.
At an estimate, the framework is valued at approximately £2Bn and will last for a duration of five years, in which time Hyde plans to construct 11,000 mixed-tenure homes.
The Managing Director of Kier Regional Building in London and the South East, Cliff Thomas stated: “It is the first time we have tendered to be on this framework and our appointment is significant for us. It feeds directly into our strategic priority to operate under long-term frameworks, providing us with good visibility of future work opportunities.
“Our knowledge and expertise of delivering mixed-use housing schemes across the country will support us in delivering mixed tenure housing schemes through the framework, and we look forward to creating beautifully designed quality homes.”
The Director of Development and Sales at Hyde, Stephen McMorris added: “I am delighted that we have launched this main contractor framework which is also open to all other public sector organisations.
“We went through a stringent process of appointing partners who have each demonstrated a commitment to providing quality services, delivering value for money and working collaboratively. We look forward to working more closely with our partners who will help us achieve our ambition of building as many homes as we can across London and the South East.”
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