Cape Town unveils R150m partnership to boost local contractor industry

The City of Cape Town’s Mayoral Committee Member for
Human Settlements, Councillor Malusi Booi has recently unveiled a new R150
million initiative and partnership with the National Housing Finance
Corporation (NHFC) that will see repairs and maintenance service request
backlogs done by trained and supported small and medium-sized contractors.

The City’s affordable housing rental stock comprises of some
57 500 units. Over the past two years, it has spent more than R1 billion
in maintenance and upgrades of its public housing units. Due to the vast number,
repairs and maintenance service request backlogs have occurred. This
partnership aims to address the backlog and to provide training and financing
of small to medium contractors and suppliers.

The NHFC will manage the database of contractors and
suppliers, train and appoint Project Steering Committees and Community Liaison
Officers.

Councillor Booi says the initiative will be rolled out
across the metro in all the City’s rental units and the supply chain management
processes should take about two or three months before teams are place to work
on the units.

It gives people in the community and
surrounds the chance to change their lives while at the same time, improving
the living conditions of our tenants. I hope this initiative will lay the
foundation for a legacy of empowerment, skills transfer, new beginnings, and a
better life for all involved
” he said.

The City is dependent on rental income to repair
and maintain their public housing. Booi encourages the tenants to pay what they
can or, to contact the City about making payment arrangements.

We are excited to be partnering with the City
of Cape Town and communities on this initiative. We will be publishing an
expression of interest to participate in this programme on 9 October 2020. All
contractors will be appointed in accordance with a competitive bid process.
This programme will run for three years and apart from the financial,
compliance and technical support that will be provided, the contractors will be
accredited in terms of grade 1 to 3 of the Construction Industry Development
Board. We look forward to going from strength to strength with the emerging
contractors and encourage interested parties to take part in the programme
,”
concluded the General Manager: Programme Management of the NHFC, Mr Qaqambile
Mangqalaza.

Source: Propertywheel.co.za | https://propertywheel.co.za/2020/10/cape-town-unveils-r150m-partnership-to-boost-local-contractor-industry/

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