Powys County Council and Kier have announced that its joint venture company, the Heart of Wales Property Service (HoWPS), will end its current five-year contract in July 2022.
The county council will resume service delivery at the end of the contract.
Rosemarie Harris, councillor and leader of Powys County Council, said: "Heart of Wales Property Services was established in 2017 to provide a wide range of services, including housing and building maintenance, as well as a consultancy service for new projects, employing nearly 150 staff.
"Following a detailed review of the company, it has been agreed by both parties that a break clause in the contract will be implemented and all staff and services provided will be transferred back to the council.
"Some initial investment will be required to make the change, but we are confident it will provide long-term improvements which continue to support the local economy.”
Mark Whittaker, managing director of Kier Places, said: "Following a strategic review of our business, we have refined our areas of focus and geographical locations and have mutually agreed with the council to end our partnership at the end of this five-year term. We will continue to work collaboratively with the council through to July 2022, helping to transition the service and throughout this time we will be focused on maintaining the same level of service to residents as well as providing stability to our staff and supply chain partners."
Image credit | Oleksii-Liskonih