Tender

Leasehold and Ancillary Properties Building Insurance

LONDON BOROUGH OF SOUTHWARK

This public procurement record has 1 release in its history.

Tender

17 Aug 2017 at 14:06

Tender Notice
Summary of the contracting process

The London Borough of Southwark is seeking bids for a tender titled "Leasehold and Ancillary Properties Building Insurance," aimed at providing insurance services for approximately 13,866 leasehold flats, one mortgaged house, and 55 tenanted flats. The procurement is currently in the active tender stage and will remain open until 25 September 2017. The total estimated value of the contract is £18 million, and it will commence on 1 April 2018, concluding on 31 March 2021. This open procedure aims to attract a wide range of suppliers within the property insurance services industry, specifically in the London region of the United Kingdom.

This tender presents a valuable opportunity for businesses specialising in property insurance services to expand their portfolios. Small and medium-sized enterprises (SMEs) are encouraged to participate, given the focus on accessible procurement processes, while larger firms may also find this contract appealing due to its substantial value. Companies that can provide comprehensive insurance coverage suitable for residential properties will be particularly well-suited to compete for this contract, thereby potentially increasing their client base within the local government sector.

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Notice Information

Notice Title

Leasehold and Ancillary Properties Building Insurance

Notice Description

Procurement of leaseholder and ancillary properties buildings insurance contract relating to flats and maisonettes sold by the Council under long lease terms. There are 3 separate portfolios: Leasehold housing premises - approximately 13,866 flats/maisonettes Mortgaged housing premises - 1 house Tenanted under-leasehold premises - approximately 55 flats (over 2 blocks)

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a40e4dce-6e19-4ad2-a8b1-512d9b62c75f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/31d819e9-9bc2-4eec-ad51-838143c7c6f1
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
SME
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
£18,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
17 Aug 20178 years ago
Submission Deadline
25 Sep 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Mar 2018 - 31 Mar 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 SOUTHWARK
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
SE1 2QH
Post Town
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
TLI London
Local Authority
Southwark
Electoral Ward
London Bridge & West Bermondsey
Westminster Constituency
Bermondsey and Old Southwark

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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