Tender

Leasehold Property Insurance (excluding broker services)

BASILDON BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Tender

02 Dec 2024 at 10:50

Summary of the contracting process

Basildon Borough Council is inviting tenders for the provision of property insurance services for leasehold flats and shared ownership properties. This procurement process, titled "Leasehold Property Insurance (excluding broker services)," falls under the services category with a focus on the property insurance industry (CPV code 66515200). The tender is open and was published on 2nd December 2024, with a submission deadline of 12:00 pm on 17th January 2025. The contract period will commence on 1st April 2025 and conclude on 31st March 2030. The services are to be delivered in the East of England, United Kingdom, with an estimated contract value of £7,350,000 (GBP).

This tender presents a significant opportunity for businesses specialising in property insurance to secure a substantial long-term contract with a prominent local authority. Companies that can provide comprehensive property insurance services without brokerage can leverage this opportunity to expand their portfolio and establish a strong presence in the East of England region. Although the tender is not specifically indicated for SMEs or VCSEs, larger insurance firms with experience in managing and insuring residential leasehold and shared ownership properties will find this opportunity particularly beneficial for business growth. The open procedure ensures a transparent and competitive bidding process, encouraging quality proposals from capable providers.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Leasehold Property Insurance (excluding broker services)

Notice Description

Property Insurance services in respect of Leasehold Flats and shared ownership properties.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8107078b-292e-4024-8992-96c11755333f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/36003b7a-4d74-4f3e-9d64-6a8d64d99207
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
Not specified
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
£7,350,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
2 Dec 20241 years ago
Submission Deadline
17 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
BASILDON BOROUGH 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
BASILDON
Postcode
SS14 1DL
Post Town
Southend-on-Sea
Country
England

Major Region (ITL 1)
TLH East (England)
Basic Region (ITL 2)
TLH3 Essex
Small Region (ITL 3)
TLH37 Essex Thames Gateway
Delivery Location
Not specified

Local Authority
Basildon
Electoral Ward
St Martin's
Westminster Constituency
Basildon and Billericay

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-8107078b-292e-4024-8992-96c11755333f-2024-12-02T10:50:03Z",
    "date": "2024-12-02T10:50:03Z",
    "ocid": "ocds-b5fd17-8107078b-292e-4024-8992-96c11755333f",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "BIP899324790",
        "title": "Leasehold Property Insurance (excluding broker services)",
        "description": "Property Insurance services in respect of Leasehold Flats and shared ownership properties.",
        "datePublished": "2024-12-02T10:50:03Z",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "66515200",
            "description": "Property insurance services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "East of England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 7350000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2025-01-17T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2025-04-01T00:00:00+01:00",
            "endDate": "2030-03-31T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "services",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/36003b7a-4d74-4f3e-9d64-6a8d64d99207",
                "datePublished": "2024-12-02T10:50:03Z",
                "format": "text/html",
                "language": "en"
            },
            {
                "id": "2",
                "documentType": "tenderNotice",
                "description": "Please follow this link to view the notice.",
                "url": "https://www.delta-esourcing.com/tenders/UK-UK-Basildon:-Property-insurance-services./467S3ZJ259"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-51377",
            "name": "Basildon Borough Council",
            "identifier": {
                "legalName": "Basildon Borough Council"
            },
            "address": {
                "streetAddress": "The Basildon Centre, St Martins Square",
                "locality": "Basildon",
                "postalCode": "SS14 1DL",
                "countryName": "UK"
            },
            "contactPoint": {
                "email": "angela.vine@basildon.gov.uk",
                "telephone": "+441268533333"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-51377",
        "name": "Basildon Borough Council"
    }
}