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Partners For Improvement in Islington. Lifecycle John Venning Asset Manager Partners for Improvement in Islington 20 January 2011. Purpose of presentation. What is lifecycle? Where will it be carried out? When will it be carried out? How will it be delivered?
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Partners For Improvement in Islington Lifecycle John Venning Asset Manager Partners for Improvement in Islington 20 January 2011
Purpose of presentation • What is lifecycle? • Where will it be carried out? • When will it be carried out? • How will it be delivered? • Generate discussion with Forum
What is lifecycle? • PFI 1: 2003 – 2032 • PFI 2: 2006 - 2022
Lifecycle contractual obligations • Volume of lifecycle work driven by: • Focus on Availability Standards • Maximum Lifecycle Guarantee
Asset Management Strategy • Provide well maintained homes to the Availability Standards • Understanding contractual and statutory obligations • Planning and programming
Where? • Roofs • Damp • External joinery • Plastering • Walls/Fences • Kitchens • Central heating
When will lifecycle work be carried out? • Repairs service • 7 year external decorating cycles • Planned replacement of components
The Islington PFI Structure HFI LBI Partners For Improvement in Islington (SPV) Responsive Maintenance Rydon Property Maintenance Heating Services and Maintenance United House Maintenance Housing Management Hyde Housing Association Refurbishment United House
Delivery of lifecycle work • Lifecycle procedures • Value for money • Financial auditing and quality control • Budget management
Other key issues • Resident communication • Resident consultation and choice • Energy performance • Leasehold recovery of lifecycle costs
Conclusion • What, Where, When • Certainty on funding • How