Provision of Insurance Services in Respect of Leasehold Properties (Excluding the Provision of Insurance Broking Services

A Contract Award Notice
by ROYAL BOROUGH OF KENSINGTON AND CHELSEA

Source
OJEU
Type
Contract (Services)
Duration
5 year (est.)
Value
£1M
Sector
BUSINESS
Published
02 Apr 2021
Delivery
To 02 Apr 2026 (est.)
Deadline
n/a

Concepts

Location

London

Geochart for 3 buyers and 1 suppliers

3 buyers

1 supplier

Description

Insurance is required for residential leasehold buildings. This insurance is procured by the Council on behalf of residents. This process is also subject to leasehold consultation.

Total Quantity or Scope

The lease agreement requires the Council as Freeholder to arrange building insurance to cover the reinstatement value of the leaseholder’s asset. Insurances must therefore be arranged.

Award Detail

1 Zurich Municpal Insurance (London)
  • Provision of Insurance Services in Respect of Leasehold Properties (Excluding the Provision of Insurance Broking Services)
  • Num offers: 3
  • Value: £1,343,833

Award Criteria

PRICE _

CPV Codes

  • 66000000 - Financial and insurance services

Indicators

  • Award on basis of price.

Reference

Domains