Annual Report

2019/20

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2019/20 has been a great year for SEC business performance.

Over the year we awarded 138 contracts on behalf of members and guests

– that’s the most we’ve delivered in our 15 year history. Based on our

intelligence we anticipate the average cost of a procurement exercise is

£20,000 – and on that basis we’ve saved our framework users £2.76m on

procurement costs alone.

Last year we re-procured five new frameworks. Each is based on an

intelligent specification and benefits from our immense buying power – now

37 Members managing 370k homes between them. To note we’ve

dedicated large amounts of our time this year to developing fantastic re-

procurement models for internal & external building works and heating &

compliancy management which are both frequently used by our Members.

We held 19 seminars and training events this year. And, held our Annual

Conference at the London Stadium, Stratford. Our customers have told us to

keep the high quality coming – so we will grow these numbers in 20/21.

2020/21 will see us grow our team and implement a strategy that sees us do

more for our Members. Membership will now provide free high level training, a range of brand new smart frameworks and support around how

our customers manage their contracts. It’s an exciting time to join us.

At SEC we’re fully aware of the pressures our customers are under –

specifically around building safer, sustainable, smarter homes. We’ll be

striving to make sure Members have all the support they need whilst

considering how we can influence solutions for the sectors future.

We’re looking forward to supporting you in 2020/21.

Marc Baines

Managing Director, SEC

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Overview:

South East Consortium (SEC) is a not for profit organisation working with the

public sector.

We provide flexible, compliant procurement solutions of the highest quality,

including a core framework offer and bespoke tendering. We currently

have 37 Members, who collectively manage just under 370,000 properties,

but also work with a number of Guest users from registered providers across

the country.

Governance and Board:

SEC are governed by an accountable body, Optivo (formerly AmicusHorizon).

Optivo are responsible for the South East Consortium’s core business functions,

i nc l ud i ng f i nances . The cu r ren t B o ard i s a s fo l l ow s :

Joe Scullion, GCHA (Chair) Tina Bull, Arhag

Antony Silk, Optivo (Vice Chair) Kurtis Lee, LB Hammersmith & Fulham

Colin Lissenden, Town & Country Daren Donoghue, Radcliffe HS

Susan Cardozo, Thurrock Council Marc Baines, SEC

Mission:

Our mission statement is:

“Delivering flexible procurement solutions that save you time and money

by understanding your needs”

Vision:

Our vision statement is:

“Become indispensable to our customers for all of their procurement

needs ”

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Framework Value

Access Control £ 1,445,485 Asbestos Inspections £ 3,885,230 Asbestos Removals £ 2,613,230 Bespoke £ 569,487 Consultancy £ 9,438,027 Fire Consultancy £ 2,859,111 Fire Remedial Works £ 5,433,246 Heating £ 21,920,826 Heating Consultancy £ 189,639 Internal and External Building Woks (I&E) £ 55,328,047 Lifts £ 7,517,017 New Build £ 32,568,988

Total £ 143,408,977

£0

£10,000,000

£20,000,000

£30,000,000

£40,000,000

£50,000,000

£60,000,000

Access Control Asbestos Inspections Asbestos Removals

Bespoke Consultancy Fire Consultancy

Fire Remedial Heating Heating Consultancy

I&E Lifts New Build

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Lot Value

Asbestos Inspections £ 3,885,230

Asbestos Removals £ 2,613,333

Bespoke - Cleaning £ 299,487

Bespoke - Heating £ 270,000

Commercial Heating £ 100,000

Consultancy - Architects £ 111,366

Consultancy - Asset Management £ 4,671,455

Consultancy - M&E £ 151,500

Consultancy - Multi Disciplinary £ 3,130,023

Consultancy - Project Management £ 1,373,683

Cyclical Decorations £ 10,390,357

Domestic Heating £ 19,345,826

Door Entry £ 848,000

Electrical Works £ 2,129,777

Fire Alarms £ 597,485

Fire Consultancy - Combined Works £ 1,187,785

Fire Consultancy - FRA £ 2,759,853

Fire Consultancy - Specialist Advice £ 3,859

Fire Remedial - Combined Works £ 99,399

Fire Remedial - Passive Fire Protection £ 3,674,289

Fire Remedial - Sprinklers £ 571,712

Heating Consultancy £ 189,639

Insulation £ 650,000

Kitchens & Bathrooms £ 3,393,511

Major Works £ 39,147,073

Mobility Lifts £ 450,100

New Build (£3m - £8m) £ 9,749,990

New Build (£8m+) £ 22,818,998

Passenger Lifts £ 6,706,917

Water Hygiene £ 1,825,000

Windows & Doors £ 267,329

Total £ 143,408,977

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Our Conference will be held on 7 November at the London

Stadium

£’000 Actual

19/20

Budget 19/20

Actual v

Budget

Levy 1,048 800 248

Annual Membership 83 72 11

Other Services 71 50 21

Conferences 49 45 4

Training 22 25 (3)

VAT Recovered / Interest 37 12 25

Total Income 1,310 1,004 307

Staff Costs 432 506 74

Office Costs 155 108 (47)

Central Services 42 35 (7)

Conference 48 40 (8)

Training 11 20 9

Total Costs 688 709 21

Total Surplus 622 295 327

Reserves Carried Forward 590 590

Reserves Brought Forward 1,212 885

Operating Margin 47% 29%

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At the end of 2019/20 SEC members collectively managed over

370,000 properties across 37 organisations.