Working in partnership as a sub-contractor with Brent Coefficient Consortium, Ian Williams will be responsible for delivering a full facilities management service for London Borough of Brent.
One of the UK's leading property service companies, Ian Williams has entered into its first Private Finance Initiative (PFI) project. Working in partnership as a sub-contractor with the Brent Coefficient Consortium, Ian Williams will be responsible for delivering a full facilities management (FM) service for the next 30 years and meeting standards set by the London Borough of Brent. The Brent Coefficient Consortium, which comprises Hyde Housing Association, Bank of Scotland and Bouygues UK, part of the Bouygues Group, a multi national French lead company, has been nominated as the preferred bidder to provide 500 new properties in the London Borough of Brent.

Ian Williams' role will be to provide a full facilities management service to the homes once they have been built including telephone helpdesk and round-the-clock responsive maintenance service, cyclical maintenance, soft FM (including cleaning and grounds maintenance), stock condition surveys as well as an asset renewal programme.

Operations for Ian Williams are scheduled to start in 2008 and, over the lifetime of the partnership, the contract value to Ian Williams is likely to be in the order of GBP28 million.

Although the agreement marks an expansion into new territory for Ian Williams, the initiative is a natural extension of the partnering relationships the company has long championed.

Until recently housing stock was managed almost exclusively by local authorities and housing associations, however, Ian Williams believes PFIs offer numerous benefits over traditional contractual arrangements by creating relationships in which customers and suppliers work together towards agreed goals for the benefit of all parties.

Alan Soper, Ian Williams' Managing Director says: 'This is a hugely exciting project.

PFIs have a key role to play in achieving improved asset management and delivering long-term benefits to both customers and their partners and all those involved in the management of social housing.'