What does ALMO mean in BRITISH MEDICINE
ALMO stands for arm's length management organisation. An ALMO is a non-profit organisation which was established to provide services and management in a local authority's housing stock. An ALMO is responsible for the management of its housing stock, including providing maintenance, repair and improvement services.
ALMO meaning in British Medicine in Medical
ALMO mostly used in an acronym British Medicine in Category Medical that means arm’s length management organisation
Shorthand: ALMO,
Full Form: arm’s length management organisation
For more information of "arm’s length management organisation", see the section below.
Essential Questions and Answers on arm’s length management organisation in "MEDICAL»BRITMEDICAL"
What is an ALMO?
An ALMO is a non-profit organisation which was established to provide services and management in a local authority's housing stock.
What are the responsibilities of an ALMO?
An ALMO is responsible for the management of its housing stock, including providing maintenance, repair and improvement services.
Who funds an ALMO?
An ALMO is funded by the local authority or other sources such as government grants.
How does an ALMO benefit tenants?
An ALMO provides tenants with improved quality of service since it focuses solely on their needs and provides dedicated resources to support them.
Is there any kind of regulation for an ALMO?
Yes, there are regulations in place that govern the activities of an ALMo such as financial accountability and performance standards.
Final Words:
In summary, an arm's length management organisation (ALM0) provides cost effective service delivery within social housing sector whilst ensuring high quality standards as required by law. Therefore, it has proved to be extremely beneficial for tenants as well as local authorities who fund them.