Building Strong Partnerships through Effective Nomination Agreements
Nomination agreements formalise the relationship between universities and operators to ensure the quality of the student experience. SFG has a proven track record in negotiating nomination agreements that achieve the objectives and protect the interests of all parties (including students), and that foster long-term collaboration.
Our Expertise
requirements and objectives
We will work with you to determine your requirements and objectives, recommend an appropriate market engagement strategy and put together a suite of documentation in preparation for going to market.
market engagement and competition
Using the knowledge gained and suite of documentation created, we then engage with the market. In most markets we suggest running a competitive process to achieve best value to the University, however there may be legitimate reasons to single source with one provider.
Negotiation
We represent your interests through the final negotiations, and work with the respective legal advisors to create full agreements that reflect the agreed terms.
Management and Dispute Resolution
We can assist in the ongoing management and support throughout the lifecycle of the nomination agreement. We can offer expert advice and support in resolving any disputes that may arise.
Key Considerations
- Student allocation: We ensure fair and transparent allocation processes that prioritise student needs.
- Rent levels and commitment: We negotiate competitive rent levels and licence lengths and advise universities on how to maximise value through optimising agreement lengths. Each market is different and there is never a ‘one-size-fits-all’ solution.
- Marketing and promotion: We collaborate on effective marketing and promotion strategies to attract students.
- Performance monitoring: We establish clear performance indicators to enable you to monitor compliance.
Benefits of Partnering with SFG
Experience from all sides of the table
Our team has a wealth of experience having worked for both universities and private operators. As such we recognise what it takes to make partnerships work and ensure all parties are able to achieve their objectives.
strong partnerships
Our relationships with both universities and operators enable us to build resilient collaborative partnerships.
expert representation
We ensure that your interests are protected throughout the competition and subsequent negotiation process, co-ordinating workstreams and other advisors to ensure the thinking is joined up.
clear and comprehensive agreements
Our experience enables us to advise what positions are 'on market' and identify common pitfalls, avoiding ambiguity and potential disputes.