Southwark Council Leasehold and Ancillary Properties Building Insurance 2023

Concepts

• property insurance
• ancillary property buildings insurance contract
• ancillary properties buildings insurance services
• southwark council leasehold
• southwark council leasehold and ancillary properties building
• contracting authority's leasehold portfolio
• ancillary properties building insurance
• leasehold
• separate policies
• year period

Location

United Kingdom:

Description

Leasehold and ancillary properties buildings Insurance services

Total Quantity or Scope

The Contracting Authority is tendering for a provider for its leasehold and ancillary property buildings insurance contract, which relates to flats and maisonettes sold by the Contracting Authority under long lease terms. There are 2 separate policies required within the contract covering: - The main policy where flats have been sold (under the Right to Buy scheme or through other disposals. - A policy to insure under-leased blocks on a comprehensive basis (currently 2 blocks). The Contracting Authority's leasehold portfolio totals 14,142 properties. The contract term is for a 3 year period with option to extend by 2 further 12 month periods, commencing 1 April 2023. Additional information: Section ll.2.10 - variants permitted only as set out in the Invitation to Tender documents

Renewal Options

Two options to extend the contract for further period of 12 months each at the Contracting Authority's discretion

CPV Codes

• 66515200 - Property insurance services

Indicators

• Variant bids may be considered.
• This is a one-off contract (no recurrence)
• Renewals are available.

Other Information

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