RFP QuestBeta
Awarded · ResultStage · contract

Royal Borough of Greenwich

SPS 2736 - Leasehold (RTB) Properties Insurance

Financial ServicesCPV 66510000
Value£9.3m
Awarded15 Dec 2023
Published15 Nov 2023
RegionLondon
Outcome — awarded

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

Contract value in context
£9.3mtotal contract value
median £150k
this tender£0£10.0m

This is a large award for Financial & Insurance Services — above three-quarters of comparable contracts. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

The brief

The Council invites bids for the provision of property insurance in respect of private dwellings sold on a leasehold basis 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 the leases 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.

The Contract Period is initially for a period of 3 years although the Council reserves the right to extend the Contract on the same terms for a further 2 periods of 12 months (3 + 1 + 1) making a total possible Contract Period of 5 years.

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Source & provenance
OCID
83a19016-d5a7-4661-8378-037436907e19
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
RBG001-DN699284-36869681
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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