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Property Insurance of Leasehold Flats and Shared Ownership Properties excluding Broker Services

Wokingham Borough Council Published 23 Oct 2019 Contracts Finder

key details

Value£335,000
Statuscomplete
Category (CPV) 66515200
RegionSouth East
Deadline6 Dec 2019
Contract start1 Apr 2020
Contract end31 Mar 2023
Procedureopen
SME suitableNo
OCIDocds-b5fd17-f77712d6-255b-4aea-b17d-2512b3457f66

Award

SupplierValueDateStatus
Avid insurance services ltd £335,000 5 Mar 2020 active

description

Wokingham Borough Council invites bids for the provision of its property insurance in respect of private dwellings sold on a leasehold basis, the majority of these were under the Right To Buy (RTB) legislation. The dwellings are flats in blocks and flats in houses (maisonettes) where the Council still retain the freehold ownership and the leases state that the Council, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the Service Charge. Other flats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover for these flats are not required.

In addition there are a small number of shared ownership properties, being a mix of houses, maisonettes and flats.

documents

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notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
23 Mar 2020 Award (award) · 32bc997a-298e-485e-8ecb-77c1fff2e1c9-351110

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