Monday, 17 March 2014

Landlord Terminates 20,000-Home Maintenance Contract

A major housing association has walked away from the biggest of its three contracts with social housing contractor Mears, due to the company’s performance ‘falling below an acceptable standard’.  Metropolitan confirmed this week that it had ‘terminated’ an agreement with Mears, which in 2008 won a trio of Metropolitan contracts worth £157 million that were described at the time as ‘10-year’ deals. Mears maintained that the contracts were currently in the process of ‘winding down’. Mears has been responsible for maintaining as many as 38,000 homes on behalf of Metropolitan under the three contracts since 2008, dealing with east of England and the midlands, Clapham Park, and the rest of London. Read more on Inside Housing.

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