# Stock Investment Framework

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [Bernicia Group](/buyers/bernicia-group/contract-awards)
- Tender value: £20,000,000
- Published: 8 June 2017
- Planned start: 1 April 2018
- Planned end: 31 March 2023
- Stage: open_tender
- Procurement category: works
- Notice ID: c87f762c-f90a-4f57-8c9e-e95368a706e2-153183
- OCID: ocds-b5fd17-9b2e168b-660b-41b0-a41d-3216006c6f27

## Description

Framework agreement for the provision of design, co-ordination and construction works relating to planned improvements to the Bernicia Group's housing stock, including maintaining the Decent Homes standard,bringing properties up to the Bernicia Standard and general maintenance / improvements\. The programme of works is expected to run from 2018 - 2023 with an approximate value of 65 000 000 GBP excl VAT\. Bernicia's Property Maintenance Division \(PMD\) will deliver approximately 25 000 000 GBP excl VAT of the value of the planned works, with the remaining 40 000 000 GBP proportion of works to be split into 2 geographical lots and delivered by newly appointed contractors\. The successful applicants will enter into a framework arrangement with work packages intended to be awarded on an annual basis to each contractor\.

## Related contract awards

- [Provision of Insurance and Related Services to Bernicia Group](/contracts/ocds-b5fd17-b92b206e-003e-4b5d-8ce7-addc9d6e3849): Bernicia Group
- [Demolition Works](/contracts/ocds-b5fd17-3fc337d4-2cb0-4444-851f-fe62909a2f97): Bernicia Group
- [Northumbria Lodge - Communal Rewire & Water Tank Change](/contracts/ocds-b5fd17-59340989-f80f-4d20-a9fa-5947d31797da): Bernicia Group

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/c87f762c-f90a-4f57-8c9e-e95368a706e2-153183)