Home ownership Shared Equity Administration and Aftersales

Concepts

• housing administration
• shared equity administration
• glasgow
• home ownership shared equity administration
• aftersales services
• open market shared equity scheme
• home ownership
• home improvement
• equity administration
• affordable homes

Location

Scotland:

Description

The Scottish Government has a requirement to place a contract with an external service provider for the provision of Home ownership Shared Equity Administration and Aftersales Services.

Total Quantity or Scope

This included the Government's Open Market Shared Equity scheme (OMSE). The scheme aims to help first time buyers and priority access groups on low to moderate incomes to purchase a property on the open market. It is a targeted scheme for affordable homes and people on low to moderate incomes. Every home purchased with assistance from a Scottish Government shared equity scheme will require one or more after sales transactions to be completed over the time period Scottish Ministers hold an equity stake in a property which would include (list not exhaustive): - Sale of a property - Additional Secured Lending - Addition/Removal of a person from title - Permission for home improvement requiring planning permission - Re-mortgage of property - Purchase of some or all of Scottish Ministers equity stake (tranching up) The after sales transactions which sit within this contract will be for the following schemes: - First Home Fund - Open Market Shared Equity Scheme - Homestake - The option to take on additional work for New Supply Shared Equity (NSSE) and NSSE with Developers where the responsible RSL do not wish to carry out after sales work for these schemes -Help to Buy Aftersales will fold into this contract when the current contract ends in March 2024

Renewal Options

The Purchaser may, by giving notice to the Service Provider, extend the period of the Contract to a date falling no later than 30 September 2031. Subject to that constraint, the Purchaser may extend the period of the Contract on more than one occasion.

Award Criteria

CPV Codes

• 75123000 - Administrative housing services

Indicators

• This is a one-off contract (no recurrence)
• Options are available.
• Renewals are available.
• Financial restrictions apply.
• Staff qualifications are relevant.
• Technical restrictions apply.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** The buyer is using PCS-Tender to conduct this ITT exercise. The Project code is 24258. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2343 A sub-contract clause has been included in this contract. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2363 Community benefits are included in this requirement. For more information see: https://www.gov.scot/policies/public-sector-procurement/community-benefits-in-pr... A summary of the expected community benefits has been provided as follows: As detailed within Schedule 1 (Specification) Section 13. (SC Ref:733105)