What the buyer wrote
Local authorities have identified the key causes of increasing numbers of homeless households as rising house prices, rent increases and unaffordable deposits. In London, 2 in 5 households (39%) state loss of a short hold tenancy as the primary reason they have approached the council for help. This, combined with the additional requirements from the Homelessness Reduction Act 2017, has led to councils considering effective methods to prevent the risk of homelessness. The aim of the 'Transition insurance' concept is to establish an insurance scheme for rental deposits, providing a guarantee of the availability of funds to: 1) Transfer deposits between properties hence reducing the risk of a…
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Awarded to
Details
- What the buyer calls it
- C1117 Transition Insurance Project Manager
- How they are buying
- Given to one supplier, no competitionNobody else was asked, and the buyer has to be able to justify that.
- Type
- services
- Suitable for small firms
- The buyer says yes. What that is worth
- Work starts
- 20 Dec 2017
- Work ends
- 31 Jul 2018
Who the buyer named
Richard Merrington was the named contact on this notice.