Are you an existing multi-utility provider thinking of exiting the market? Or perhaps you’re not happy with the service you are receiving from your existing provider?
When it comes to novation agreements, Aptus can assist you with the smooth transition of your contracts to make the process as seamless as possible.
Although we recognise that the process of exiting the market can be complex, we have a proven track record of assisting companies whilst ensuring relationships with clients are maintained.
To find out more about our novation contracts service, speak to our team of experts on 01204 325 000, or leave us a message via our contact form.
Novation agreements for industrial, commercial and residential developers
We know it can be a challenging and disruptive time if a provider can no longer fulfill their obligations, or if a business is leaving the market.
At Aptus, we have the skills and experience to step in if a contract is being novated, having completed a range of novations comprising hundreds of developments and thousands of connections.
Our excellent relationships with asset owners means we are well equipped to deal with complex sites, and we have historically taken on sites which are yet to start, are part way through the build programme, or are very near to completion.
Rest assured, no matter what stage your project is up to, Aptus can help you finish the scheme in a timely manner and to the highest standards.
The novation process: How Aptus ensures a seamless transition
- Initial discussions to review the way forward
- Review overall scheme to understand remaining works
- Engage with adopting IDNO for full transparency
- Visit scheme to review approved and as-laid drawings
- Produce ‘cost to complete’ proposal and outline strategy for scheme completion
- Draft and sign novation contract
- Begin work on-site to complete the project
Why choose Aptus when novating contracts
✓ Accredited by Lloyds Multi Utility Register Scheme (MURS)
✓ Have been approached directly or by recommendation from network operators based on our credentials and reputation
✓ Have completed a range of schemes for Western Power Distribution, Clancy Docwra and National Energy Distributions
✓ Nationwide operations
✓ Specialist project management
✓ Independent Connections Provider (ICP) with direct connections onto the distribution network
Frequently Asked Questions
What is a novation agreement in the context of utilities?
A novation agreement is a legal contract that transfers the rights and obligations of an existing utility contract from one party to another. In construction or development, this often happens when the original developer or owner of a project sells it to a new party. The novation agreement ensures the new party assumes responsibility for completing the connections and paying any outstanding fees to the utility provider.
Why is a novation agreement important for utility connections?
Novation agreements are essential to avoid delays and disruptions to utility connections during a project transfer. Without a novation, the new owner might not be legally bound to the existing contract, leading to potential disputes or the need to renegotiate terms with the utility provider. A novation ensures a smooth transition and guarantees the continuity of the utility connection process.
Got any questions?
If you're looking to enquire about any of our services, or have any questions, please get in touch by phone or email.
Email: [email protected] Call: 01204 325 000
