Further Competition Under Insurance Placement DPS 978 for The Royal Borough of Kingston upon Thames and their appointed Insurance Broker - Marsh

A Contract Award Notice
by YORKSHIRE PURCHASING ORGANISATION

Source
Contracts Finder
Type
Contract (Services)
Duration
5 year
Value
£2M
Sector
BUSINESS
Published
19 Apr 2023
Delivery
01 Apr 2023 to 31 Mar 2028
Deadline
23 Dec 2022 12:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

The Contracting Authority is tendering their Right to Buy (RTB) Leasehold Buildings Insurance in line with public procurement legislation in time for renewal on 1 April 2023. The insurance policy seeks to cover private dwellings sold on a leasehold basis, the majority of which were sold under the RTB legislation. The dwellings are flats in blocks, flats in houses (maisonettes) and houses where the Contracting Authority still retains the freehold ownership (including those referred to as mortgaged properties). In these situations the leases state that the Contracting Authority, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the cost to do so. Where units in some blocks have not been sold (Council tenanted) they are separately covered and so insurance cover for these units is not required

Award Detail

1 Protector Insurance (Manchester)
  • Value: £2,246,035

CPV Codes

  • 66000000 - Financial and insurance services

Indicators

  • Contract is suitable for SMEs.
  • Contract is suitable for VCOs.

Reference

Domains