Tender

Southwark Council Leasehold and Ancillary Properties Building Insurance 2023

LONDON BOROUGH OF SOUTHWARK

This public procurement record has 1 release in its history.

Tender

04 Oct 2022 at 14:26

Tender Notice
Summary of the contracting process

The London Borough of Southwark is currently tendering for a Leasehold and Ancillary Properties Building Insurance service with a total value of £25,600,000. The procurement stage is active, with a tender deadline of 11th November 2022. This opportunity is in the services industry category, with the main procurement method being an open procedure. The buying organisation is the London Borough of Southwark, and the tender is located in London, United Kingdom.

This tender for building insurance services by the London Borough of Southwark presents growth opportunities for insurance providers and companies specializing in property insurance services. Businesses with experience in dealing with large portfolios of properties or expertise in leasehold insurance would be well-suited to compete for this contract. The contract period is for 3 years, with the potential to extend for up to 2 further 12-month periods. The submission method is through electronic submission, and the tender allows for variants as per the Invitation to Tender documents.

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Notice Information

Notice Title

Southwark Council Leasehold and Ancillary Properties Building Insurance 2023

Notice Description

Leasehold and ancillary properties buildings Insurance services

Lot Information

Lot 1

The Contracting Authority is tendering for a provider for its leasehold and ancillary property buildings insurance contract, which relates to flats and maisonettes sold by the Contracting Authority under long lease terms. There are 2 separate policies required within the contract covering: - The main policy where flats have been sold (under the Right to Buy scheme or through other disposals. - A policy to insure under-leased blocks on a comprehensive basis (currently 2 blocks). The Contracting Authority's leasehold portfolio totals 14,142 properties. The contract term is for a 3 year period with option to extend by 2 further 12 month periods, commencing 1 April 2023. Additional information: Section ll.2.10 - variants permitted only as set out in the Invitation to Tender documents

Renewal: Two options to extend the contract for further period of 12 months each at the Contracting Authority's discretion

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0372e9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/027873-2022
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
£25,600,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
4 Oct 20223 years ago
Submission Deadline
11 Nov 2022Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF SOUTHWARK
Contact Name
Mrs Tabitha Cox
Contact Email
tabitha.cox@southwark.gov.uk
Contact Phone
+44 2075255000

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
Not specified
Local Authority
Southwark
Electoral Ward
London Bridge & West Bermondsey
Westminster Constituency
Bermondsey and Old Southwark

Further Information

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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