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A unique Business to Business Solution
Frequently Asked Questions

 

 

▪ Who owns Vetted Contractor?

▪ Who has access to the information held on the database?

▪ How much does it cost to register with Vetted Contractor?

▪ Why does Vetted Contractor need to charge fees?

▪ Are there many small suppliers on the register?

▪ Why do some buyers request extra information?

▪ How many buyers are currently registered with Vetted Contractor?

Q: Who owns Vetted Contractor?
A: Vetted Contractor is owned by a private company called Lifestyle Source Limited, following many years of market research looking at the industry, Vetted Contractor provides a unique service offering specific business to business needs.

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Q: Who has access to the information held on the database?
A: Only vetted contractors have access to these database entries via specifically allocated usernames and passwords. Due to the data protection act you need to apply for contractor status as only registered contractors can access their data fields (terms & conditions apply).
For further information regarding registration please call our helpline on 0845 456 1914.

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Q: How much does it cost to register with Vetted Contractor?
A: Vetted Contractor is free to Property Management companies. Contractors pay an annual fee based on the property managers who set the fees in advance. Fees start at £195.00 plus VAT.

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Q: Why does Vetted Contractor need to charge fees?
A: The service must be self-funding in order to give it the financial resources to develop into a growing resource.

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Q: Are there many small contractors on the register?
A: Over 10% of contractors registered are suppliers with a turnover of less than £1 million pounds and 90% have a turnover of less than £250,000.

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Q: Why do some buyers request extra information?
A: Vetted Contractor streamlines the pre-qualification stage, i.e. the first stage of the vetting process. This means that contractors do not have to repeatedly fill in pre-qualification forms for each property management company they wish to work with who are signed up with Vetted Contractor. Each Property Management company will have their own procurement policy that means they may request further information/project specific information in order to draw up a short list.

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Q: How many Property Management companies are currently registered with Vetted Contractor?
A: There are currently four buyers registered with Vetted Contractor, each with up to 500 contractors who are being invited to register with Vetted Contractor.
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Vetted Supplier Olympic Lifestyle Givers Gain Lifestyle Source
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