The Department of Housing in the Eastern Province is seeking proposals from businesses to offer services in management of houses, slum upgrading and construction of new housing units in the province. Pioneer Construction Company seeks to provide services to the government by building new housing units in the province for better housing to the residents. The housing problem in the province has seen the emergence of slums, mismanagement of houses and poor housing structures in the province. Furthermore, the housing problem in the province has also seen an increase in the rate of crime as criminals transform the slums to be their dens.
Our successful comparative venture bid to do management of 300 units of low income multifamily homeownership housing, under the ownership of the government. This sets off the management program that is expanded to attract the working families and individuals back to an economic area that is revitalizing. Furthermore, this will continue to rebuild and stabilize the Eastern Province’s economic base (Al-Ankary and Bushra, 2009).
Moreover, the Pioneer Construction Company meet all of the requirements prescribed by the Department of Housing in the Eastern Province, in order to qualify to sign any government contract to manage some properties of the governments (Dasgupta et al, 2006). The company will create a section for housing management structured to create and develop private/public partnerships tailored to satisfy the criteria of the government.
Furthermore, the company will be able to make contracts with the government to manage a section of the 2500 government owned, scattered, inadequately maintained and sub standard housing units within the Eastern Province area we deliver our services. The new section for housing management within the company will also enable the Company, effectively and independently, to manage the buildings, that are currently in the Company’s ownership and management.
- Project activities
Establishing a new section for housing management will allow Pioneer Construction Company to expand and improve the Company’s fast paced housing agenda for two years efficiently, responsibly and effectively. The new section for housing will formulate a reliable mechanism, quickly respond, to changing external and internal circumstances of the market, and manage the Company’s action plans of the management through the joint ventures (Common Wealth, 2004).
The Company will use the government’s funds to form a section for housing management that will forge public and private company partnerships to manage the 300 controlled, or government owned low income homeownership units of housing in the Eastern Province. The government’s funds will improve greatly delivery of services, by the competent management to more than 5000 Eastern Province residents in about 150 site buildings that are scattered an estimate of a small town (McLeod et al, 2009).
|SOURCES||AMOUNT ($)||USES||AMOUNT ($)|
|Revenue||General operating support|
|Government grants and contracts||300,000||Salaries and the fringe benefits||700,000|
|Banks and foundations||100,000||Insurance and taxes||600,000|
|Fundraising||_____||In kind expenses||100,000|
|Donations||400,000||Supplies and Equipment||500,000|
|In kind support||200,000||Savings||90,000|
- Programs and accomplishments
Every year, Pioneer Construction Company, does help the residents reclaim their neighborhoods back from decay, crime and drugs. Building by building, the Company has developed averagely 70 affordable units of housing for the past three decades (Oxley, 2004).
The current portfolio of housing management represents the whole ladder of housing, ranging from housing the households that were formerly homeless to ownerships of homes for the low income working families. The Company’s tremendous growth of ten years attests to the proficiency.
In 2009 alone, Pioneer Construction Company completed 30 buildings with 320 apartments, and even started another 160 units in 15 buildings. This is about $50 million for one year in constriction.
The Company built housing for the physically handicapped and the elderly on the former garbage and heroin dens. Today, there are parks with flowering plants and trees, sitting areas and about 120 beautiful housing apartments housing the senior people in dignity and peace.
- Plan for measuring the expected results
The Company will measure the housing management project by many housing programs and initiatives for housing management which the Company has developed and implemented for the past three decades, and which have already significantly impacted, the quality housing practice in the Eastern Province, and which rest as a model to the government.
The Company will also submit a report of the project upon completion, funded in part by government, under Department of Housing. The Company will also keep complete, accurate and detailed records of expenditures made under the company’s management, and actively participate in the evaluation of the activities of the projects during the course of the year.
The Company will also provide, upon request, an audited financial statement of the expenditure and income related to the income and expenditure by a qualified public accountant who is self sufficient as documentation that the money from the government is spent on the provided purposes. Furthermore, evaluation of the Pioneer Construction Company overall effectiveness is measured by satisfaction of the residents, and the level of tenant services that are provided and successful. The tenants serve as shareholders in the company and are closely involved in the management, programs and oversight (Common Wealth, 2004).
The Eastern Province which Pioneer Construction Company serve is a collection of numerous sub communities including a variety of new and old mixed use residential buildings, small and retail manufacturing firms, and many elevator–type public housing that are conventional. Approximately half of the Eastern Province’s land and housing are government owned. Furthermore, the area is a blend of ethnic groups, most of whom have median household of $15,000 and poor (Al-Ankary et al, 2009).
The need for affordable housing is a matter of urgency than what the data of census reveals. This under reporting can be attributed largely to illegal aliens, many public housing residents and language barrier, which makes official reporting of census very difficult.
Pioneer Construction Company is a recognized champion in affordable housing management and development in EasternProvince government, with $2 million budget for operations and management portfolio of 150 buildings of 2500 units. According to Dasgupta et al (2006), the government also has a commitment of privatizing building’s management. The low income housing future in the Eastern Province will be effectively answered through private-public partnerships, with backing and support of the community, and the producing capability and managing the Eastern Province housing of the low income residents.
A contract from the government will provide Pioneer Construction Company the opportunity to form the private-public partnership with the government, effectively, to manage 300 low income Province’s owned home ownership housing units in the Eastern Province. Furthermore, it will continue to improve, preserve and dignify the Eastern Province’s fabric.
Al-Ankary, K. M., & Bushra, -S. (2009). Urban and rural profiles in Saudi Arabia. Berlin: G. Borntraeger.
Common Wealth (Political Party). (2004). Housing & planning. London: C.W. Pub., Ltd.
Dasgupta, B., Lall, S. V., & World Bank. (2006). Assessing benefits of slum upgrading programs in second-best settings. Washington, D.C: World Bank, Development Research Group, Infrastructure and Environment Team.
McLeod, R., Case, L., & United Nations Human Settlements Programme. (2009). Guarantees for slum upgrading: Lessons on how to use guarantees to addresss risk and access commercial loans for slum upgrading. Nairobi: UN-HABITAT.
Oxley, M. (2004). Economics, planning, and housing. Houndmills, Basingstoke, Hampshire: Palgrave Macmillan.
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