Provision of Insurance Services for Leasehold Right to Buy Property (exclude, provision of insurance broker service). 1/9/21

A Contract Award Notice
by LONDON BOROUGH OF HACKNEY

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£3M
Sector
BUSINESS
Published
10 Mar 2022
Delivery
not specified
Deadline
n/a

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

The provision of property insurance in respect of private dwelling sold by the London Borough of Hackney on a leasehold shared ownership or managed property basis. The contract start date 1st April 2022 - contract duration of 36 months plus a option to extend for 24 months.

Total Quantity or Scope

Property insurance in respect of leasehold right to buy comprising material damage (perils as specified within the Invitation to Tender) business interruption to include loss of rental income and/ or alternative accommodation cost and property owners liability insurance. (Exclude Booker Services).

Award Detail

1 Avid Insurance Service (London)
  • Reference: 006574-2022-1
  • Value: £2,614,384

Renewal Options

There is an option to extend for a further 24 months.

Award Criteria

Price 65%
Quality 35%

CPV Codes

  • 66510000 - Insurance services
  • 66515000 - Damage or loss insurance services
  • 66515200 - Property insurance services

Indicators

  • Options are available.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains