NOMINATION & VOID AGREEMENT RELATING TO PROPERTIES TO BE USED FOR SUPPORTED ACCOMMODATION FOR ADULTS
Buyers
Value
£0
Suppliers
Classifications
- Health and social work services
Tags
- award
- contract
Published
4 weeks ago
Description
The Nomination and Void Agreements for existing Supported Accommodation provision are for a duration of up to 9 years to ensure stability of provision and reduce demand on Officer time. These will take the form of one Agreement per Housing Provider which will set out the terms that will apply consistently to all properties owned or operated by that Provider. The specific properties will be annexed to the Agreement. The Agreement will contain the option to remove or replace individual properties covered by the Agreement upon an agreed notice period. The issuing of a Void and Nomination Agreement holds a level of contingent liability for the County Council based on the entire Scheme being vacant for the whole lifetime of the Agreement. The level of contingent risk is determined by the size of the scheme and the length of the agreement. This can run into several £ millions for a larger Scheme over a long period of time. The actual cost of the voids will be significantly lower than this as the intention is that the property will be fully occupied most of the time. The County Council has a range of well-established processes which monitor voids and match people with Care Act eligible needs, and a specialist team focused on this area of work.
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