The procurement consortium of more than 60 housing associations and local authorities is collectively responsible for more than 600,000 homes.
Firms taking the spots are: Peterborough’s Impact Modular, Module-AR from Hull and Elements Europe based in Shropshire.
The initial contracts will be let for a period of five years, however CHIC will have the option to extend the contract by two subsequent periods of 5 years, subject to performance, up to an overall total contract term of 15 years.
CHIC estimates the total potential spend could be around £2bn for its partners.
Impact Modular will provide solutions for a mix of houses, flats and bungalows, including full site services for small schemes.
Module-AR will carry out a similar mix of housing types, while also offering full site construction services for all schemes.
Elements Europe will carry out multi-apartment and high rise new build solutions.
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sourced by: constructionenquirer.com