TDC RL Insurance - Leasehold Properties 2024 - AWARD

A Contract Award Notice
by TANDRIDGE DISTRICT COUNCIL

Source
Contracts Finder
Type
Contract (Services)
Duration
4 year
Value
£400K-£500K
Sector
BUSINESS
Published
14 Mar 2024
Delivery
01 Jan 2024 to 31 Dec 2027
Deadline
08 Sep 2023 11:00

Concepts

Location

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

Tandridge District Council invites bids for the provision of its property insurance in respect of private dwellings sold on a leasehold basis, the majority of these were under the Right To Buy (RTB) legislation. The dwellings are flats in blocks and flats in houses (maisonettes) where the Contracting Authority still retain the freehold ownership and in some case the leases may state that the Contracting Authority, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the Service Charge. Other flats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover for these flats are not required. The current Long Term Agreement expires on 31st December 2023. Cover is expected to commence at 00.01am on the 1st January 2024.

Award Detail

1 Aspen Insurance (London)
  • Value: £439,107

CPV Codes

  • 66510000 - Insurance services

Reference

Domains