Further Competition Under Insurance Placement DPS 978 for The Royal Borough of Kingston upon Thames and their appointed Insurance Broker - Marsh
Yorkshire Purchasing Organisation · Yorkshire and the Humber
Key facts
- Contract value
- £2,246,035
- Awarded
- 16 Mar 2023
- Contract starts
- 31 Mar 2023
- Contract ends
- 31 Mar 2028
- Procedure
- Call-off from a dynamic purchasing system
- Buyer type
- Local government
Awarded to
| Supplier | Value |
|---|---|
| Protector Insurance | £2,246,035 |
Description
The Contracting Authority is tendering their Right to Buy (RTB) Leasehold Buildings Insurance in line with public procurement legislation in time for renewal on 1 April 2023. The insurance policy seeks to cover private dwellings sold on a leasehold basis, the majority of which were sold under the RTB legislation. The dwellings are flats in blocks, flats in houses (maisonettes) and houses where the Contracting Authority still retains the freehold ownership (including those referred to as mortgaged properties). In these situations the leases state that the Contracting Authority, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the cost to do so. Where units in some blocks have not been sold (Council tenanted) they are separately covered and so insurance cover for these units is not required
Categories (CPV)
- 66000000 Financial and insurance services
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