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Further Competition Under Insurance Placement DPS 978 for The London Borough of Sutton and their appointed Insurance Broker - Marsh

Yorkshire Purchasing Organisation Published 19 Apr 2023 Contracts Finder
The value below is a framework or dynamic market ceiling: the maximum that could be spent across all call-offs, not the value of a single contract. Aggregate figures on this site exclude these to avoid double counting.

key details

Value£1,822,355
Statuscomplete
Category (CPV) 66000000
Deadline23 Dec 2022
Contract start1 Apr 2023
Contract end31 Mar 2028
Procedureselective
SME suitableYes
OCIDocds-b5fd17-6bed2c85-c166-470c-971c-b8114ffb2bef

Award

SupplierValueDateStatus
Protector Insurance £1,822,355 16 Mar 2023 active

description

The Contracting Authority is tendering their Right to Buy (RTB) Leasehold Buildings Insurance in line with public procurement legislation in time for renewal on 1 April 2023. The insurance policy seeks to cover private dwellings sold on a leasehold basis, the majority of which were sold under the RTB legislation. The dwellings are flats in blocks, flats in houses (maisonettes) and houses where the Contracting Authority still retains the freehold ownership (including those referred to as mortgaged properties). In these situations the leases state that the Contracting Authority, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the cost to do so. Where units in some blocks have not been sold (Council tenanted) they are separately covered and so insurance cover for these units is not required.

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
19 Apr 2023 Award (award) · 69401cfc-5f4d-47d6-8321-6fd5a1a15fff-637356

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