£15m property deal for Walsall building company
A building firm which has been bucking the economic trend has landed a £15 million deal to carry out property revamps for a social housing landlord.
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Bosses at Bullock Construction Ltd based in Walsall announced the new contract to work on hundreds of rented homes in the Lake District. It is the latest boost for the company, which confirmed a £94m contract last week.
The four-year agreement is for improvements at homes owned by South Lakes Housing based in Cumbria.
Work will start on the Honeypot Estate, in Ulverston, and will extend to other estates in the South Lakeland area over the next few years.
Bullock, based in Northgate, Aldridge, will carry out internal and external modernisation works including the installation of new kitchens and bathrooms.
An integral part of the contract will also be the provision of local employment and training opportunities and the development of a supply chain that supports businesses in the area.
Bullock's regional director Duncan Williams said: "We very much look forward to both supporting and working in partnership with South Lakes Housing to deliver this extensive investment programme that will not only deliver significant improvements to the homes of local people, but also provide a range of training and work opportunities for the local community."
South Lakes Housing chairman John Holmes said: "The award of this contract is the culmination of much hard work by tenants and staff to achieve the best possible deal for our tenants."
Bullock was recently awarded a £94m deal with Wolverhampton Homes. It will modernise 23,000 properties under a 15-year contract.