Novus to deliver new apartments at sheltered accommodation scheme in Solihull

  30 MAY, 2018
Novus to deliver new apartments at sheltered accommodation scheme in Solihull

Contractor Novus has been appointed to deliver a £1.29m project to build 13 new two-bedroom apartments at a sheltered accommodation scheme in Solihull.

The development, for the Sir Josiah Mason Trust, will see Novus deliver a full refurbishment at Mason House in Shirley.

The 13-month project will include the construction of a new extension, one half being two-storey while the other half is an additional floor over the existing one-storey property which will involve underpinning the existing foundations.

The construction will also provide a new reception area and communal space as well as making a range of improvements to the building’s existing corridors. On the new roof, there will be new PV solar panels installed to generate hot water for the apartments.

The Josiah Mason Trust provides sheltered accommodation, residential care and extra care housing to over 200 people across the West Midlands. 

Mark Foxall, contracts manager at Novus Property Solutions, said: “Our work with the Sir Josiah Mason Trust will allow the charity to deliver an even greater level of service to its residents in Solihull. This is an exciting project for Novus and we’re looking forward to building on our relationship with Josiah Mason.”

David Healey, chief executive at the Sir Josiah Mason Trust, said: “The new frontage and refurbishment of our Mason House apartments will breathe fresh life into the scheme and allow us to help more people in the community.

“This is the first major development undertaken by the trust in recent years and we’re looking forward to seeing it finished next year.”

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DELIVERING ON OUR COMMITMENT TO IMPROVE PAYMENT PRACTICES

Ahead of the filing of our latest payment practice statistics, Neil Washington, our finance director, provides a breakdown of our results. Late payments are a thorn in the side of smaller firms in the construction supply chain. That’s why we have placed an ongoing focus on doing all we can to reduce the time we take to pay our suppliers. Quite rightly, the issue has attracted negative headlines in the construction industry and large companies are now required to report on their payment practices every six months. So, with the deadline for businesses to file their latest available data falling this week, some may be nervous about what the statistics will reveal. Here at Novus, however, we’re happy to report that our commitment to reducing payment times is continuing to bear fruit. The data for the first half of the year shows that we took an average of 29 days to pay our subcontractors. This is an improvement on the already high standard we set ourselves for the same period last year, which was 30 days. To put this in context, according to Construction News’ latest analysis of payment-practice reports, the industry’s largest contractors took an average of 43 days to pay suppliers. It’s not just there where we’ve continued to make improvements. We also now pay 57% of our invoices within 30 days, up from 52% for the first half of 2018, while the proportion of payments outside of terms are down year-on-year. Of course, our work doesn’t stop here and we will continue to focus on this issue. Contractors and their supply chains are dependent on each other’s success. Prompt payment means that subcontractors can maintain healthy cashflow levels, increasing the likelihood of them accepting more work and consistently carrying out quality jobs. Late payment can also have a massive impact on cashflow, increasing the likelihood of insolvency. At a time of skills shortages, reduced access to labour and economic uncertainty, it’s vital that bigger players in the industry are doing all they can to ease the burden smaller firms face.