RFP QuestBeta
Awarded · ResultStage · contract

LONDON COUNCILS LIMITED

C1117 Transition Insurance Project Manager

R&DCPV 73000000
Value£70k
Awarded4 Dec 2017
Published16 Jan 2018
RegionLondon
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

Contract value in context
£70ktotal contract value
median £66k
this tender£0£561k

This sits in the upper-middle of the Research & Development band — a substantial contract for the sector. Based on 20,405 valued Research & Development tenders in our corpus.

The brief

Local authorities have identified the key causes of increasing numbers of homeless households as rising house prices, rent increases and unaffordable deposits.

In London, 2 in 5 households (39%) state loss of a short hold tenancy as the primary reason they have approached the council for help.

This, combined with the additional requirements from the Homelessness Reduction Act 2017, has led to councils considering effective methods to prevent the risk of homelessness.

The aim of the 'Transition insurance' concept is to establish an insurance scheme for rental deposits, providing a guarantee of the availability of funds to: 1) Transfer deposits between properties hence reducing the risk of a household reaching a point of crisis.

2) Cover the cost of repairs by a landlord to a rental property.

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Source & provenance
OCID
69c0e7c0-a160-41e6-befd-27408920f720
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
C1117 Transition Insurance Project Manager
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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