Provision of Secured Loan Administration Services for Stevenage Borough Council's Refurbishment Programme
Awarded 31 Aug 2018
About
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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