Award

Leasehold Buildings Insurance

LONDON BOROUGH OF HAVERING

This public procurement record has 2 releases in its history.

Award

26 Apr 2023 at 10:32

Award Notice
Tender

18 Oct 2022 at 16:28

Tender Notice
Summary of the contracting process

The London Borough of Havering has awarded a contract for Leasehold Buildings Insurance to Protector Insurance. The contract, valued at £6,950,000, was awarded on 16th March 2023 and covers the period from 31st March 2023 to 31st March 2028. The procurement process was in the award stage and used an open procedure. The location for the procurement was in ROMFORD with a deadline for tender submissions on 22nd November 2022. The industry category for this contract was insurance services.

This contract for Leasehold Buildings Insurance offers opportunities for suppliers in the insurance services industry. Businesses that provide insurance coverage for leasehold properties and shared ownership properties, excluding broker services, would be well-suited to compete for this tender. The contract, with a substantial value of £6,950,000, is significant for businesses looking to expand their service offerings and establish long-term contracts. The London Borough of Havering is the contracting authority for this opportunity, and interested businesses can explore potential growth prospects through engaging with the Council's procurement processes.

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Notice Information

Notice Title

Leasehold Buildings Insurance

Notice Description

The Provision of Leasehold Buildings Insurance in respect of Leasehold Properties and Shared Ownership Properties Excluding Broker Services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-865289c9-e332-436c-8369-54237d491efc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/add309e7-357c-4e7e-b968-1fca470aaec4
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66510000 - Insurance services

Notice Value(s)

Tender Value
£6,950,000 £1M-£10M
Lots Value
Not specified
Awards Value
£6,950,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Apr 20232 years ago
Submission Deadline
22 Nov 2022Expired
Future Notice Date
Not specified
Award Date
16 Mar 20232 years ago
Contract Period
30 Mar 2023 - 31 Mar 2028 Over 5 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

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

Buyer Location

Locality
ROMFORD
Postcode
RM1 3BB
Post Town
Romford
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI52 Barking & Dagenham and Havering
Delivery Location
Not specified
Local Authority
Havering
Electoral Ward
St Edward's
Westminster Constituency
Romford

Supplier Information

Number of Suppliers
1
Supplier Name

PROTECTOR INSURANCE

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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