Framework Delivery Agreements: Managing Your Risk

Following the announcement of the successful bids of almost 150 housing associations, local authorities, house builders and other providers for a share of an estimated £1.8 billion investment programme to deliver 80,000 new affordable homes under the Affordable Homes Programme, DMH Stallard is covering the key issues that successful bidders should consider to ensure that they deliver their projects on time and within their allocated budgets.

This week, our team looks at the programme's contractual framework and, in particular, the key risks that housing associations, local authorities and house builders alike should be seeking to mitigate and manage.

Background

Each provider under the programme is required to enter into an Framework Delivery Agreement (Agreement) with the HCA, which is, in the main, a non-negotiable standard form agreement – although the most recent version, published in August, does reflect the input of those providers who engaged in