Social Housing PPP Bundle 2

Pre-Procurement
Procurement
Contract Award
Construction
Construction Completed
Contract Management

Latest News

The contract for Bundle 2 of the Social Housing PPP programme was awarded on the 27th November 2019 to Torc Housing Partnership, a consortium that includes Equitix Ltd / Kajima Partnerships Ltd, JJ Rhatigan / OHL, Derwent FM and Tuath Housing with debt funding provided by Nord/LB and Bank of Ireland.

Construction commenced immediately and all homes have been delivered and are now occupied.

The homes remain in local authority ownership with Torc Housing Partnership providing maintenance and tenancy management services for a 25-year service period.

Project Background

The 2^nd phase of the Government’s current PPP programme, announced by the Minister for Public Expenditure and Reform, Brendan Howlin T.D in Budget 2015, envisages a programme to invest €300million in social housing and is expected to comprise

development of up to 1,500 housing units as a number of ‘bundles’ of sites;
provision of services to the developments over a 25 year period following construction that will include the maintenance and upkeep of the housing; and
return of the asset after 25 years in prime condition.

The Department of Housing, Local Government & Heritage is the sanctioning authority for the Programme with NDFA acting as financial advisor, procuring authority and project manager.

Project Details

On 21st July, 2016, the Minister for Housing, Planning, Community and Local Government, Simon Coveney T. D. announced the location of 8 sites comprising bundle 2 of the Social Housing PPP Programme.

Local Authority Roscommon Co. Council
No. of Homes 53

Local Authority Cork Co. Council
No. of Homes 52

Local Authority Waterford City & Co. Council
No. of Homes 58

Local Authority Galway City Council
No. of Homes 74

Local Authority Clare Co. Council
No. of Homes 51

Local Authority Cork. Co. Council
No. of Homes 50

Local Authority Cork Co. Council
No. of Homes 50

Local Authority Kildare, Co. Council
No. of Homes 77

Completed homes at The Walk, Roscommon Town

Project Team

Approving Authority	Dept. of Housing, Local Government & Heritage
Sponsoring Agency & Lead Local Authority	Cork Co. Council
Local Authorities	Cork Co. Council, Clare Co. Council, Galway City & Co. Council, Kildare Co. Council, Roscommon Co. Council, Waterford City & Co. Council
Project Management	NDFA
Financial Advisor	NDFA
PPP Co.	Torc Sustainable Housing Ltd.
Facilities Management Co.	Derwent Facilities Management
Tenancy Management Co. / Approved Housing Body	Tuath Housing