Award

PAN3015 - Leasehold (RTB) Buildings Insurance

LEICESTER CITY COUNCIL

This public procurement record has 1 release in its history.

Award

16 May 2024 at 10:05

Summary of the contracting process

The Leicester City Council has completed a procurement process for Leasehold (RTB) Buildings Insurance services with a total value of £2,037,801. The contract period is from April 1, 2024, to March 31, 2027. The tender, under the CPV category of Financial and insurance services, followed an open procedure with a tender period ending on February 19, 2024. The contract was awarded to Protector Insurance, with opportunities arising for businesses in the financial and insurance services industry, particularly those capable of providing large-scale services.

Businesses in the financial and insurance services sector, especially those offering large-scale solutions, can benefit from participating in Leicester City Council's recent procurement of Leasehold (RTB) Buildings Insurance. The tender process has concluded, with Protector Insurance winning the contract worth £2,037,801. The contract spans from April 1, 2024, to March 31, 2027, providing a significant growth opportunity for suitable businesses in the industry category of Financial and insurance services.

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Notice Title

PAN3015 - Leasehold (RTB) Buildings Insurance

Notice Description

Right to buy (RTB) Leaseholder Insurance

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3d567ace-1d5c-4af2-8efd-dee408afbcfc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1394cacb-98c2-4d31-bf2f-93b620daa5c6
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£2,037,801 £1M-£10M
Lots Value
Not specified
Awards Value
£2,037,801 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
16 May 20241 years ago
Submission Deadline
19 Feb 2024Expired
Future Notice Date
Not specified
Award Date
13 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2027 2-3 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
LEICESTER CITY COUNCIL
Contact Name
John Morgan
Contact Email
john.morgan@leicester.gov.uk
Contact Phone
+44 1164540347

Buyer Location

Locality
LEICESTER
Postcode
LE1 1FZ
Post Town
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF21 Leicester
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
Leicester
Electoral Ward
Castle
Westminster Constituency
Leicester South

Supplier Information

Number of Suppliers
1
Supplier Name

PROTECTOR INSURANCE

Open Contracting Data Standard (OCDS)

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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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