First Ark Limited is the non-TSA regulated parent of Knowsley Housing Trust and Vivark. The procurement exercise was led by First Ark Group for itself and on behalf of the other members of the First Ark Group and references in this document to First Ark/First Ark Group/the Group should be construed accordingly.
First Ark Group obtained bids from construction contractors and developers for either of the following lots:
— Lot 1 – Smaller schemes (15 units or less);
— Lot 2 – larger schemes (more than 15 units).
Bidders could bid on one lot only.
The tender was for a 4 year framework agreement with multiple contractors. The estimated total value of the framework is approximately £20million over the 4 years. The anticipated split of expenditure between lots 1 & 2 is approximately 25 % / 75 % i.e. approximately £5million total expenditure comprising of more, smaller individual schemes in Lot 1 and approximately £15m comprising of fewer, larger schemes in Lot 2.