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Further Competition Under Insurance Placement DPS 978 for The Royal Borough of Kingston upon Thames and their appointed Insurance Broker - Marsh

Closed

Submission Deadline Has Passed

This tender's submission deadline has passed and is no longer accepting applications. The information below is kept for reference purposes.

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Deadline
Expired
March 22, 2023
Contract Details
Category
Open Procedure
Reference
009596-2023
Value
£2,246,035
Location
United Kingdom
Published
April 20, 2026
Organization
Kingston Council
CPV Code
Project Timeline

Tender Published

April 03, 2023

Deadline for Questions

March 15, 2023

Submission Deadline

March 22, 2023

View Original
Budget
£2,246,035
Duration
Not specified
Location
United Kingdom
Type
Open Procedure

Original Tender 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.

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Basic Requirements

  • Company registration in EU required
  • Proven track record in similar projects
  • Financial stability documentation

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