Insurance-Based Tenancy Deposit Protection Scheme Concession Contract A
A Modification Notice
by DEPARTMENT FOR LEVELLING UP, HOUSING AND COMMUNITIES
- Source
- Find a Tender
- Type
- Contract (Services)
- Duration
- 5 year
- Value
- £0
- Sector
- BUSINESS
- Published
- 15 Mar 2022
- Delivery
- To 17 Feb 2027 (est.)
- Deadline
- n/a
Concepts
Location
United Kingdom: This notice relates to the extension of the insurance-based TDP contracts for services provided in England and Wales
1 buyer
1 supplier
- Tenancy Deposit Solutions Boreham Wood
Description
Total Quantity or Scope
The Housing Act 2004 requires a landlord to protect a tenant's deposit from misappropriation in a government approved tenancy deposit (TDP) scheme for a home rented on an assured shorthold tenancy that started after 6 April 2007. Insurance-based TDP schemes allow landlords or letting agents to hold the physical deposits and charge a fee that is used to buy insurance to protect the deposits. A tenant may make a claim to the scheme should his or her deposit not be returned at the end of the tenancy in accordance with statutory deadlines. All TDP schemes are required to provide alternative dispute resolution as an alternative to the courts in the event of a dispute between tenant and landlord at the end of the tenancy. This notice relates to one of three existing suppliers which each offer an insurance-based scheme. The schemes compete with one another for customers.
Award Detail
1 | Tenancy Deposit Solutions (Boreham Wood)
|
CPV Codes
- 66515410 - Financial loss insurance services
- 66000000 - Financial and insurance services
Other Information
** PREVIEW NOTICE, please check Find a Tender for full details. ** This is a concession contract. There is no monetary consideration between DLUHC and the concessionaire.
Reference
- ocds-h6vhtk-032209
- FTS 007023-2022