Awarded contract

Published

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

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Value

482,500 GBP

Close date

2024-11-29

Description

The current Long-Term Agreement expires on 31st March 2025. 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. 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 project will be awarded for initial period of 3 years with optional 2-year extension. Additional information: 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/esourcing If 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/Home Please search for project name (WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services) or for project reference number (038111) Is a Recurrent Procurement Type? : No

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