Tender

TDC RL Insurance - Leasehold Properties 2024

TANDRIDGE DISTRICT COUNCIL

This public procurement record has 1 release in its history.

Tender

02 Aug 2023 at 16:34

Tender Notice
Summary of the contracting process

The Tandridge District Council is seeking bids for the provision of property insurance for leasehold properties, predominantly under the Right To Buy legislation. The contract, titled "TDC RL Insurance - Leasehold Properties 2024," involves insuring flats in blocks and houses where the Council retains freehold ownership. The current agreement expires on 31st December 2023, with the new cover starting on 1st January 2024. The procurement method is an open procedure, with a tender deadline of 8th September 2023. The contract value is £500,000, and the contract period spans from 2024 to 2027.

This tender opportunity presents a chance for insurance service providers to secure a significant contract with Tandridge District Council. Businesses with experience in providing property insurance services, particularly for leasehold properties, are well-suited to compete. The location of the project is in the South East region of the United Kingdom, specifically in the postal code area RH8 0BT. Companies interested in this opportunity should prepare and submit their bids before the deadline to be considered for the contract.

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Notice Information

Notice Title

TDC RL Insurance - Leasehold Properties 2024

Notice Description

Tandridge District Council invites bids 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 Contracting Authority still retain the freehold ownership and in some case the leases may 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. Other flats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover for these flats are not required. The current Long Term Agreement expires on 31st December 2023. Cover is expected to commence at 00.01am on the 1st January 2024. Additional information: Is a Recurrent Procurement Type? : No

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d9f886af-8c41-4956-bc16-6e955b176509
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b47b012a-02bb-4c9b-a567-46477393a3bd
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
£500,000 £500K-£1M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
2 Aug 20232 years ago
Submission Deadline
8 Sep 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Jan 2024 - 31 Dec 2027 4-5 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
TANDRIDGE DISTRICT 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
SURREY
Postcode
RH8 0BT
Post Town
Redhill
Country
England
Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ2 Surrey, East and West Sussex
Small Region (ITL 3)
TLJ26 East Surrey
Delivery Location
TLJ South East (England)
Local Authority
Tandridge
Electoral Ward
Limpsfield
Westminster Constituency
East Surrey

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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