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Building Safety Update
09 September 2020
Type
Written Ministerial Statement
Department
Ministry of Housing, Communities and Local Government
At a Glance
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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