WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services

Concepts

• finance and insurance
• surrey
• shared owner properties
• leasehold properties
• broker services
• its property insurance
• the service charge
• the buildings insurance
• property
• owner

Location

Description

The Contracting Authority (Waverley Borough 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. Please go to https://www.sesharedservices.org.uk/esourcing and search for tender name (WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services or reference number (038111). 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. Contract duration 3 yrs+optional 2yr

Total Quantity or Scope

The Contracting Authority 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.

Renewal Options

Contract will be subject to renewal subject to decision of the Waverley Council

CPV Codes

• 66000000 - Financial and insurance services

Indicators

• This is a recurring contract.
• Renewals are available.
• Financial restrictions apply.

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. ** To place a submission for this tender please access via the below link, and login with your credentials if already registered on the SE Shared Service portal:https://www.sesharedservices.org.uk/esourcingIf you are not registered on the SE Shared Services, and would like to place to submission for this tender, then please register your companies details via the below link. Once registered you will be able to access the tender documentation:https://www.in-tendhost.co.uk/sesharedservices/aspx/HomePlease search for project name ( WAC- 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services) or reference number (038111)