Tender

Property Insurance Quotations in respect of Leasehold Properties excluding Broker Services

LONDON BOROUGH OF HARINGEY

This public procurement record has 1 release in its history.

Tender

11 Dec 2024 at 16:57

Summary of the contracting process

The London Borough of Haringey seeks tenders for property insurance quotations concerning leasehold properties, excluding broker services. This tender covers private dwellings sold under Right to Buy legislation, primarily flats in blocks and maisonettes where the council retains the freehold. The procurement currently is in the Tender stage, with the documentation available on the Haringey Procurement and Contract System (HPCS) e-sourcing portal. The deadline for submissions is 13th January 2025 at 10:00 am, with the contract period starting on 1st April 2025 and ending on 31st March 2030. The procurement follows an open procedure and falls under the 'Insurance services' industry category, with a total contract value estimated at £15,000,000, located in London, United Kingdom.

This tender represents a significant opportunity for businesses in the insurance sector to expand their portfolios by securing a long-term contract with a major public authority. Companies that provide comprehensive property insurance solutions, particularly those with experience handling large portfolios of leasehold properties and cooperative arrangements with freeholders, would be well-suited to compete. Firms interested in leveraging public sector contracts to establish or enhance their footprint in the London area will find this tender particularly appealing. The open procurement method ensures a competitive bidding process, fostering diverse business participation and growth potential.

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Notice Title

Property Insurance Quotations in respect of Leasehold Properties excluding Broker Services

Notice Description

London Borough of Haringey ("the Council") invites tenders 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 Council still retain the freehold ownership and in some case the leases may state that the Council, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the Service Charge. Other flats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover for these flats are not required. Invitation to Tender documentation for this opportunity will be available on Haringey Procurement and Contract System (HPCS) e-sourcing portal, which can be accessed using the below link: https://s2c.waxdigital.co.uk/ProcurementLBHaringey/ Click on 'Open Opportunities' and follow the instructions on screen. The Portal is free of charge - to register please click on 'Register Here' and complete the account registration form. Once registered, log in and select 'Join Opportunity'. If already registered, Tenderers do not need to register again and may simply use their existing usernames and passwords. Late submissions will not be accepted. The e-portal system will shutdown at 10:00am, 13th January 2025 and any un-submitted bids not registered to the system at this time will not be accepted.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5cf32d98-4aa5-4165-bec6-0812ca668fbf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e1484894-cfc6-494f-a0af-fe0e9a4ac04d
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 (above 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
£15,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
11 Dec 20241 years ago
Submission Deadline
13 Jan 2025Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2025 - 31 Mar 2030 Over 5 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 HARINGEY
Contact Name
Alexander Melling
Contact Email
alexander.melling@haringey.gov.uk
Contact Phone
02084890000

Buyer Location

Locality
LONDON
Postcode
N22 8LE
Post Town
North London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLI London

Local Authority
Haringey
Electoral Ward
Bounds Green
Westminster Constituency
Southgate and Wood Green

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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