Question 1

When should a community association start the procurement process for a new bulk agreement before the current one expires?

Accepted Answer

It is advisable to begin the procurement process 18 to 24 months before the current bulk agreement expires. Starting early ensures all options remain on the table. Depending on community size and complexity, a new provider may need 12 months or more to secure permits, build the network, and fully activate services.

Question 2

With the rise of streaming services, what are the best alternatives to including cable in a long-term bulk agreement for our community?

Accepted Answer

As many residents shift toward streaming and away from traditional cable, communities may benefit from negotiating bulk internet-only agreements. If cable remains popular, consider a flexible contract. YFi Advisors helps clients include options to switch from cable to internet-only during the term, ensuring long-term adaptability.

Question 3

What is the recommended internet speed for a community bulk agreement to ensure it meets residents' needs?

Accepted Answer

We recommend starting with symmetrical speeds of at least 500 Mbps to support streaming, video calls, and multiple devices. Some communities may opt for 1 Gbps for future growth. YFi Advisors helps structure contracts with built-in speed upgrades to future-proof your community’s connectivity.

Question 4

Our community lacks a bulk agreement but seeks to enhance internet services. What are our available options?

Accepted Answer

Communities without existing telecom agreements can explore Retail Marketing Agreements or Bulk Internet-Only Agreements. These offer financial benefits and improved infrastructure. YFi Advisors can help assess and implement the right solution for your association.

Question 5

Is a bulk agreement advisable for a community with a high number of seasonal residents?

Accepted Answer

Yes, even seasonal communities benefit from bulk agreements. Continuous internet supports security systems and improves rental appeal. Providers often offer remote access to cable apps, reducing the need for separate subscriptions. Contact YFi Advisors to explore the best approach for your community.

YFi Advisors

FAQs

Frequently asked questions

When should a community association start the procurement process for a new bulk agreement before the current one expires?

With the rise of streaming services, what are the best alternatives to including cable in a long-term bulk agreement for our community?

What is the recommended internet speed for a community bulk agreement to ensure it meets residents' needs?

Our community lacks a bulk agreement but seeks to enhance internet services. What are our available options?

Is a bulk agreement advisable for a community with a high number of seasonal residents?

jguertin@yfiadvisors.com