SPS 2521 - Leasehold (RTB) Properties Insurance

A Contract Award Notice
by ROYAL BOROUGH OF GREENWICH

Source
Find a Tender
Type
Contract (Services)
Duration
35.5 month (est.)
Value
£5M
Sector
BUSINESS
Published
23 May 2022
Delivery
To 07 May 2025 (est.)
Deadline
n/a

Concepts

Location

London

Geochart for 4 buyers and 1 suppliers

4 buyers

1 supplier

Description

The Royal Borough of Greenwich is seeking tender submissions for Property Insurance in respect of leasehold/RTB properties (excluding Broker Services). There is 1 lot.

Total Quantity or Scope

Royal Borough of Greenwich is seeking tender submissions for Property Insurance in respect of leasehold/RTB properties, excluding broker services. Detailed description of the service is provided in the tender documents. The contract will commence 1st April 2022 under a 3-year Long Term Agreement with the option to extend for a further 1 year plus 1 year making it a potential contract period of 5 years at the authority's sole discretion.

Award Detail

1 Avid Insurance Services (London)
  • Reference: sps 2521 - property insurance in respect of leasehold/rtb properties, excluding broker services
  • Num offers: 3
  • Value: £4,718,182

Award Criteria

Quality - Policy Cover 10.0
Quality - Claims Handling 40.0
PRICE 50.0

CPV Codes

  • 66515200 - Property insurance services

Indicators

  • Award on basis of price.

Reference

Domains