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Finance HRA Consultancy

Key facts

Country
United Kingdom
Region
UKH12
Estimated value
not stated
Published
Source
UK Find a Tender

Description

Cambridge City Council require specialist support to assist with medium to long-term financial planning within the Housing Revenue Account. The HRA holds stock of around 7,500 homes, with annual rental income of c. £50-55m. The existing 30-year business model is now several years old, and assumptions have not kept pace with significant changes in the sector including new pressures around DCM (Damp, Condensation and Mould) and fire safety. The council is consistently overspending against budget on revenue repairs and maintenance, whilst underspending on the capital programme due to capacity…

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