Award

Buildings Insurance for Residential Leaseholders

HARROW COUNCIL

This public procurement record has 2 releases in its history.

Award

06 Mar 2025 at 18:21

Tender

26 Sep 2024 at 13:14

Summary of the contracting process

The London Borough of Harrow has completed the procurement process for the provision of buildings insurance for residential leaseholders, specifically targeting properties where the Local Authority has sold a leasehold or shared ownership interest. The title of the tender is "Buildings Insurance for Residential Leaseholders," falling under the property insurance services industry category (CPV 66515200). This contract, which was awarded using the open procedure method, has a total value of £2,447,444.65 and is set to commence on 1st April 2025, following the expiration of the current contract on 31st March 2025. Harrow Council, the contracting authority, conducted the procurement, initially inviting tenders from potential suppliers, culminating in the award of the contract on 11th February 2025 to Protector Insurance.

This tender presents significant business growth opportunities for companies specializing in property insurance services. The contract offers a substantial financial value and a consistent client base, with the Council covering 1,155 Right to Buy leasehold properties, a number that could increase by up to 2%. Businesses well-suited for this opportunity include large insurance firms with experience in providing comprehensive coverage irrespective of property location or previous claims history. Companies focusing on high-quality services, carbon reduction, and social value, as indicated by the award criteria, will likely have a competitive edge in similar future tenders.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Buildings Insurance for Residential Leaseholders

Notice Description

The London Borough of Harrow invited tenders for the provision of buildings insurance for residential leasehold properties in where the Local Authority has sold a leasehold or shared ownership interest. The current contract expires on 31st March 2025.

Lot Information

Lot 1

The Council currently effects cover for 1,155 Right to Buy leasehold properties, however it is anticipated that this figure could increase by up to 2% by the commencement date of the contract. The number of properties to be insured may also decrease because leaseholders have the right to enfranchisement when the ratio of leaseholders to Council tenants reaches two thirds and at least 50% of the leaseholders wish to exercise this right. A revised property listing will be provided before the commencement of the contract. Properties are to be insured on a blanket basis, without selection, irrespective of location or previous claims history and inclusion under the policy will be automatic on completion of sale.

Renewal: An initial period of three years with the option to extend for a further two years.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-04a32d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/008280-2025
Current Stage
Award
All Stages
Tender, Award

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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66515200 - Property insurance services

Notice Value(s)

Tender Value
£2,125,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£2,447,444 £1M-£10M

Notice Dates

Publication Date
6 Mar 202511 months ago
Submission Deadline
28 Oct 2024Expired
Future Notice Date
Not specified
Award Date
11 Feb 20251 years ago
Contract Period
31 Mar 2025 - 31 Mar 2028 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Contracting Authority (Buyer)

Main Buyer
HARROW COUNCIL
Contact Name
Mr Marzuki Haji
Contact Email
marzuki.haji@harrow.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
HARROW
Postcode
HA3 3QN
Post Town
Harrow
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI74 Harrow and Hillingdon
Delivery Location
TLI7 Outer London - West and North West

Local Authority
Harrow
Electoral Ward
Greenhill
Westminster Constituency
Harrow West

Supplier Information

Number of Suppliers
1
Supplier Name

PROTECTOR INSURANCE

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-h6vhtk-04a32d-2025-03-06T18:21:42Z",
    "date": "2025-03-06T18:21:42Z",
    "ocid": "ocds-h6vhtk-04a32d",
    "initiationType": "tender",
    "tender": {
        "id": "DN737348",
        "legalBasis": {
            "id": "32014L0024",
            "scheme": "CELEX"
        },
        "title": "Buildings Insurance for Residential Leaseholders",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "66515200",
            "description": "Property insurance services"
        },
        "mainProcurementCategory": "services",
        "description": "The London Borough of Harrow invited tenders for the provision of buildings insurance for residential leasehold properties in where the Local Authority has sold a leasehold or shared ownership interest. The current contract expires on 31st March 2025.",
        "value": {
            "amount": 2125000,
            "currency": "GBP"
        },
        "lots": [
            {
                "id": "1",
                "description": "The Council currently effects cover for 1,155 Right to Buy leasehold properties, however it is anticipated that this figure could increase by up to 2% by the commencement date of the contract. The number of properties to be insured may also decrease because leaseholders have the right to enfranchisement when the ratio of leaseholders to Council tenants reaches two thirds and at least 50% of the leaseholders wish to exercise this right. A revised property listing will be provided before the commencement of the contract. Properties are to be insured on a blanket basis, without selection, irrespective of location or previous claims history and inclusion under the policy will be automatic on completion of sale.",
                "awardCriteria": {
                    "criteria": [
                        {
                            "name": "Quality",
                            "type": "quality",
                            "description": "30"
                        },
                        {
                            "name": "Carbon Reduction",
                            "type": "quality",
                            "description": "5"
                        },
                        {
                            "name": "Social Value",
                            "type": "quality",
                            "description": "5"
                        },
                        {
                            "type": "price",
                            "description": "60"
                        }
                    ]
                },
                "contractPeriod": {
                    "startDate": "2025-04-01T00:00:00+01:00",
                    "endDate": "2028-03-31T23:59:59+01:00"
                },
                "hasRenewal": true,
                "renewal": {
                    "description": "An initial period of three years with the option to extend for a further two years."
                },
                "submissionTerms": {
                    "variantPolicy": "notAllowed"
                },
                "hasOptions": false,
                "status": "cancelled"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "UKI7"
                    },
                    {
                        "region": "UKI7"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "submissionMethod": [
            "electronicSubmission"
        ],
        "submissionMethodDetails": "https://www.londontenders.org/",
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "tenderPeriod": {
            "endDate": "2024-10-28T12:00:00Z"
        },
        "submissionTerms": {
            "languages": [
                "en"
            ]
        },
        "awardPeriod": {
            "startDate": "2024-10-28T12:30:00Z"
        },
        "bidOpening": {
            "date": "2024-10-28T12:30:00Z"
        },
        "hasRecurrence": false
    },
    "parties": [
        {
            "id": "GB-FTS-78509",
            "name": "Harrow Council",
            "identifier": {
                "legalName": "Harrow Council"
            },
            "address": {
                "streetAddress": "Procurement Team, PO Box 1358",
                "locality": "Harrow",
                "region": "UKI7",
                "postalCode": "HA3 3QN",
                "countryName": "United Kingdom"
            },
            "contactPoint": {
                "name": "Mr Marzuki Haji",
                "email": "marzuki.haji@harrow.gov.uk",
                "url": "https://www.londontenders.org/"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "url": "http://www.harrow.gov.uk",
                "buyerProfile": "http://www.harrow.gov.uk",
                "classifications": [
                    {
                        "scheme": "TED_CA_TYPE",
                        "id": "REGIONAL_AUTHORITY",
                        "description": "Regional or local authority"
                    },
                    {
                        "scheme": "COFOG",
                        "id": "01",
                        "description": "General public services"
                    }
                ]
            }
        },
        {
            "id": "GB-FTS-92",
            "name": "Royal Courts of Justice",
            "identifier": {
                "legalName": "Royal Courts of Justice"
            },
            "address": {
                "locality": "London",
                "countryName": "United Kingdom"
            },
            "roles": [
                "reviewBody"
            ]
        },
        {
            "id": "GB-FTS-20046",
            "name": "Protector Insurance",
            "identifier": {
                "legalName": "Protector Insurance"
            },
            "address": {
                "locality": "Manchester",
                "region": "UKI7",
                "countryName": "United Kingdom"
            },
            "roles": [
                "supplier"
            ],
            "details": {
                "scale": "large"
            }
        }
    ],
    "buyer": {
        "id": "GB-FTS-78509",
        "name": "Harrow Council"
    },
    "language": "en",
    "awards": [
        {
            "id": "008280-2025-1",
            "relatedLots": [
                "1"
            ],
            "title": "Buildings Insurance for Residential Leaseholders",
            "status": "active",
            "suppliers": [
                {
                    "id": "GB-FTS-20046",
                    "name": "Protector Insurance"
                }
            ]
        }
    ],
    "contracts": [
        {
            "id": "008280-2025-1",
            "awardID": "008280-2025-1",
            "title": "Buildings Insurance for Residential Leaseholders",
            "status": "active",
            "value": {
                "amount": 2447444.65,
                "currency": "GBP"
            },
            "dateSigned": "2025-02-11T00:00:00Z"
        }
    ],
    "bids": {
        "statistics": [
            {
                "id": "2",
                "measure": "bids",
                "relatedLot": "1",
                "value": 1
            }
        ]
    }
}