Tender

Property Insurance Quotations in respect of Leasehold Flats

LONDON BOROUGH OF REDBRIDGE

This public procurement record has 1 release in its history.

Tender

19 May 2023 at 11:23

Summary of the contracting process

The London Borough of Redbridge is seeking property insurance quotations for leasehold flats, valued at £4,200,000. The procurement stage is an open procedure with a tender period ending on 19th June 2023. The contract period will be from 1st August 2023 to 30th June 2026. This opportunity falls under the services category and is suitable for SMEs.

This tender from the London Borough of Redbridge presents a lucrative opportunity for businesses involved in providing property insurance services. Companies specialising in insurance services, particularly focused on leasehold properties, would be well-suited to compete for this contract. The open procedure format allows for fair competition, making it accessible to SMEs looking to expand their portfolio within the public sector.

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Notice Title

Property Insurance Quotations in respect of Leasehold Flats

Notice Description

The Contracting Authority 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.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-26ef0032-1b5b-4b9f-a90f-80e87832642b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e8df0f06-bfbc-4288-8667-89b7dad04cb8
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66515200 - Property insurance services

Notice Value(s)

Tender Value
£4,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 May 20232 years ago
Submission Deadline
19 Jun 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Jul 2023 - 30 Jun 2026 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF REDBRIDGE
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
ILFORD
Postcode
IG1 1NN
Post Town
Ilford
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI53 Redbridge and Waltham Forest
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
Redbridge
Electoral Ward
Ilford Town
Westminster Constituency
Ilford South

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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