Tender

Leasehold Right To Buy Property Insurance

LONDON BOROUGH OF BARNET COUNCIL

This public procurement record has 1 release in its history.

Tender

08 Jun 2018 at 16:45

Tender Notice
Summary of the contracting process

The London Borough of Barnet Council is inviting tenders for the "Leasehold Right To Buy Property Insurance," which is classified under the insurance services category (CPV code: 66510000). This tender is currently in the active stage of procurement and has an end date for submissions set for 9th July 2018. The contract is set to commence on 1st October 2018, lasting for a minimum of three years, with the possibility of extending for an additional two years at the authority's discretion. The total value of the contract is approximately £3,200,000, and the primary location for service delivery is London, United Kingdom.

This tender presents a significant opportunity for businesses specialising in insurance services to expand their portfolio by partnering with a local authority. Companies that focus on providing comprehensive insurance coverage, particularly in property-related risks, would be well-positioned to compete. Given the contract's size and the potential for a long-term relationship with the council, businesses looking to enhance their public sector engagement, particularly those with capabilities in delivering robust and tailored insurance solutions, should consider submitting a tender.

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Notice Information

Notice Title

Leasehold Right To Buy Property Insurance

Notice Description

The London Borough of Barnet is seeking tender submissions for annual insurance cover commencing from the 01/10/2018 under a long term agreement (LTA) for a minimum period of 3 years with the option to extend for a further 2 years at the authority's sole discretion.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3347de54-2a71-43b7-817e-b0a48e88d6d8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cbdb80cd-8468-48dc-b084-64856ab87be2
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 (below threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£3,200,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jun 20187 years ago
Submission Deadline
9 Jul 2018Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Sep 2018 - 30 Sep 2021 3-4 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

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

Buyer Location

Locality
LONDON
Postcode
N11 1NP
Post Town
North London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI71 Barnet
Delivery Location
TLI London
Local Authority
Barnet
Electoral Ward
Brunswick Park
Westminster Constituency
Chipping Barnet

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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