Commons Sense

House of Commons · Written Ministerial Statement

Building Safety Update

09 September 2020 · Ministry of Housing, Communities and Local Government

Proposed by Robert Jenrick Reform Newark

Summarised by AI from the official record, so it can contain mistakes.

View on Parliament.uk

At a glance

Key points

  • The Ministry of Housing, Communities and Local Government (MHCLG) is underwriting the Northpoint Management Company for 200,000 to manage risk associated with ACM cladding remediation.
  • This underwriting enables the Northpoint Management Company to sign an asset protection agreement with Network Rail.
  • The aim is to ensure residents of high-rise buildings are safe from fire risks due to unsafe cladding materials.

Issue summary

The statement addresses the contingent liability for the Northpoint Building in Bromley to remediate unsafe Aluminium Composite Material (ACM) cladding.

Action requested

MHCLG is underwriting the Northpoint Management Company for £200,000 of risk to enable them to sign an asset protection agreement with Network Rail and progress the ACM cladding remediation work. This action aligns with MHCLG's aim to ensure high-rise building residents are safe from fire risks.

Key facts

  • Northpoint Building in Bromley has unsafe Aluminium Composite Material (ACM) that remains unremediated over three years after Grenfell.
  • A contingent liability of £200,000 will be used for the Private Sector Cladding ACM Remediation Fund to cover risks associated with an agreement between Network Rail and Northpoint Management Company.
  • The building is managed by a Resident Management Company who require surety for a capped amount of liability.
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