Supply Hertfordshire · Awarded contract
Awarded

Provision of Secured Loan Administration Services for Stevenage Borough Council's Refurbishment Programme

Awarded 31 Aug 2018

View live tenders
Awarded31 Aug 2018
Value£260,900.00
RegionEast of England
CategoryFinance & Insurance
Expires in 16y 10mo25y term, 33% elapsed
Awarded 31 Aug 2018Expires 31 Aug 2043

Supply Hertfordshire awarded a contract to Gemini Consultants Ltd for the provision of a secured loan service to administer loans for leaseholders contributing to Stevenage Borough Council's Major Refurbishment Programme.

The programme covers approximately 540 blocks of flats over five years, with around 1,000 leaseholders required to pay contributions.

The service includes the entire administrative process from application and risk assessment to loan setup, charge registration, payments, arrears collection, and redemption, with the provider required to be FCA regulated and GDPR compliant.

The contract value is £260,900.

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