Tender

SPS 2736 - Leasehold (RTB) Properties Insurance

ROYAL BOROUGH OF GREENWICH

This public procurement record has 1 release in its history.

Tender

15 Nov 2023 at 10:10

Tender Notice
Summary of the contracting process

The Royal Borough of Greenwich has issued a tender titled "SPS 2736 - Leasehold (RTB) Properties Insurance" for the provision of property insurance for leasehold dwellings under the Right to Buy Legislation. The procurement is for a 3-year period, extendable up to 5 years, under the Open Procedure method. Interested suppliers must register before December 15, 2023, with a total value of £9.3 million. The contracting authority is based in London, England, and the tender is classified under insurance services.

This tender opportunity presents potential growth prospects for businesses specialized in insurance services, particularly those experienced in property insurance for leasehold dwellings. Small and medium-sized enterprises (SMEs) are encouraged to participate in this Open Procedure tender, which can lead to business expansion opportunities. The contracting authority, the Royal Borough of Greenwich, seeks suppliers who can provide quality insurance services for the specified properties in compliance with the contract terms and regulations.

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Notice Information

Notice Title

SPS 2736 - Leasehold (RTB) Properties Insurance

Notice Description

The Council invites bids for the provision of property insurance in respect of private dwellings sold on a leasehold basis under the Right to Buy (RTB) Legislation. The dwellings are flats in blocks and flats in houses (maisonettes) where the Contracting Authority still retain the freehold ownership and the leases state that the Contracting Authority, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the Service Charge. The Contract Period is initially for a period of 3 years although the Council reserves the right to extend the Contract on the same terms for a further 2 periods of 12 months (3 + 1 + 1) making a total possible Contract Period of 5 years. Additional information: The procurement will take place under the Open Procedure as stipulated in the Public Contracts Regulations 2015. This procurement will be managed via the Royal Borough of Greenwichs e-procurement portal: https://royalgreenwich.proactishosting.com/ To participate, Suppliers will need to register as a Supplier with ProContract before obtaining access to the tender documents using this link: https://procontract.due-north.com/Opportunities/Index?resetFilter=True&applyFilter=True&p=2241eb95-058a-e511-80f7-000c29c9ba21&v=1 You can express your interest using the portal messaging system please look for the opportunities section via the above link by the 15th December 2023 at 5.00pm. No direct emails will be answered only use the Proactis messaging section for all communications. In the event of difficulties registering as a supplier, please refer to the System Administrator Proactis support team ProContractSuppliers@proactis.com ________________________________________ How to apply Follow the instructions given in the description or the more information section. ________________________________________

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-b44456de-526c-4f1f-8b16-39614effa4e3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/83a19016-d5a7-4661-8378-037436907e19
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

66510000 - Insurance services

Notice Value(s)

Tender Value
£9,300,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Nov 20232 years ago
Submission Deadline
15 Dec 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jun 2024 - 30 Jun 2029 Over 5 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
ROYAL BOROUGH OF GREENWICH
Contact Name
Michael Barrett
Contact Email
michael.barrett@royalgreenwich.gov.uk
Contact Phone
+44 2089214779

Buyer Location

Locality
LONDON
Postcode
SE18 6HQ
Post Town
South East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI5 Outer London - East and North East
Small Region (ITL 3)
TLI51 Bexley and Greenwich
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
Greenwich
Electoral Ward
Woolwich Arsenal
Westminster Constituency
Greenwich and Woolwich

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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