Planning

Insurance Leasehold Right to Buy 2028

LONDON BOROUGH OF BARNET

This public procurement record has 1 release in its history.

Planning

27 May 2026 at 14:22

Summary of the contracting process

The London Borough of Barnet is initiating an open procurement process, titled "Insurance Leasehold Right to Buy 2028," aimed at securing property insurance services. This tender pertains to financial and insurance services within the region of UKI71, United Kingdom. It covers private dwellings sold on a leasehold basis under the Right To Buy legislation. The procurement falls under the category of services and is currently at the Planning stage, with a total estimated contract value of £12,000,000. The procurement is expected to culminate with the contract period running from 1st October 2028 until 29th September 2031, with an option for renewal. The deadline for future communications is set for 1st June 2027.

This tender presents significant opportunities for businesses operating within the financial and insurance sectors, particularly those offering property insurance services. Companies with experience in managing insurance for leasehold properties or those with established frameworks for service agreements would be well-suited to compete. Due to the substantial contract value and duration, participating businesses could experience sustained growth and an enhanced reputation by successfully partnering with a public authority like the London Borough of Barnet. An open procurement method allows for broad participation, encouraging competitive offers from various market players.

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

Notice Title

Insurance Leasehold Right to Buy 2028

Notice Description

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 (maisonette's) where the Council still retain the freehold ownership and the leases state that the Council, 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.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06a69d
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/049815-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK1 - Pipeline Notice
Procurement Type
Framework
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

66000000 - Financial and insurance services

66510000 - Insurance services

66515200 - Property insurance services

Notice Value(s)

Tender Value
£12,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
27 May 20261 weeks ago
Submission Deadline
Not specified
Future Notice Date
1 Jun 202713 months to go
Award Date
Not specified
Contract Period
30 Sep 2028 - 29 Sep 2031 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Planned
Lots Status
Planned
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
LONDON BOROUGH OF BARNET
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
NW9 4EW
Post Town
North West London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI7 Outer London - West and North West
Small Region (ITL 3)
TLI71 Barnet
Delivery Location
TLI71 Barnet

Local Authority
Barnet
Electoral Ward
Colindale North
Westminster Constituency
Hendon

Further Information

Notice Documents

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-06a69d-2026-05-27T15:22:59+01:00",
    "date": "2026-05-27T15:22:59+01:00",
    "ocid": "ocds-h6vhtk-06a69d",
    "initiationType": "tender",
    "planning": {
        "documents": [
            {
                "id": "049815-2026",
                "documentType": "plannedProcurementNotice",
                "noticeType": "UK1",
                "description": "Pipeline notice on Find a Tender",
                "url": "https://www.find-tender.service.gov.uk/Notice/049815-2026",
                "datePublished": "2026-05-27T15:22:59+01:00",
                "format": "text/html"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-PPON-PQGD-7479-CGVN",
            "name": "London Borough of Barnet",
            "identifier": {
                "scheme": "GB-PPON",
                "id": "PQGD-7479-CGVN"
            },
            "address": {
                "streetAddress": "2 Bristol Avenue",
                "locality": "London",
                "postalCode": "NW9 4EW",
                "country": "GB",
                "countryName": "United Kingdom",
                "region": "UKI71"
            },
            "contactPoint": {
                "email": "procurement@barnet.gov.uk"
            },
            "roles": [
                "buyer"
            ],
            "details": {
                "classifications": [
                    {
                        "id": "publicAuthoritySubCentralGovernment",
                        "scheme": "UK_CA_TYPE",
                        "description": "Public authority - sub-central government"
                    }
                ]
            }
        }
    ],
    "buyer": {
        "id": "GB-PPON-PQGD-7479-CGVN",
        "name": "London Borough of Barnet"
    },
    "tender": {
        "id": "ocds-h6vhtk-06a69d",
        "legalBasis": {
            "id": "2023/54",
            "scheme": "UKPGA",
            "uri": "https://www.legislation.gov.uk/ukpga/2023/54/contents"
        },
        "title": "Insurance Leasehold Right to Buy 2028",
        "description": "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 (maisonette's) where the Council still retain the freehold ownership and the leases state that the Council, 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.",
        "items": [
            {
                "id": "1",
                "additionalClassifications": [
                    {
                        "scheme": "CPV",
                        "id": "66000000",
                        "description": "Financial and insurance services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66510000",
                        "description": "Insurance services"
                    },
                    {
                        "scheme": "CPV",
                        "id": "66515200",
                        "description": "Property insurance services"
                    }
                ],
                "deliveryAddresses": [
                    {
                        "region": "UKI71",
                        "country": "GB",
                        "countryName": "United Kingdom"
                    }
                ],
                "relatedLot": "1"
            }
        ],
        "value": {
            "amountGross": 12000000,
            "amount": 12000000,
            "currency": "GBP"
        },
        "procurementMethod": "open",
        "procurementMethodDetails": "Open procedure",
        "mainProcurementCategory": "services",
        "aboveThreshold": true,
        "techniques": {
            "hasFrameworkAgreement": true
        },
        "lots": [
            {
                "id": "1",
                "contractPeriod": {
                    "startDate": "2028-10-01T00:00:00+01:00",
                    "endDate": "2031-09-29T23:59:59+01:00",
                    "maxExtentDate": "2033-09-29T23:59:59+01:00"
                },
                "hasRenewal": true,
                "status": "planned"
            }
        ],
        "communication": {
            "futureNoticeDate": "2027-06-01T23:59:59+01:00"
        },
        "status": "planned"
    },
    "language": "en"
}