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LONDON BOROUGH OF HACKNEY Invitation to Tender for Property Insurance Quotations in respect of Leasehold and Mortgaged Properties excluding Broker Services

London Borough of Hackney

This public procurement record has 3 releases in its history.

Tender

05 Oct 2026 at 16:40

UK4 - Tender Notice
Planning

02 Oct 2026 at 11:53

UK2 - Preliminary Market Engagement Notice
Planning

28 Jul 2026 at 17:38

UK1 - Pipeline Notice
Summary of the contracting process

The London Borough of Hackney is procuring property insurance for approximately 8,500 residential properties. The portfolio covers leasehold, right-to-buy, shared-ownership and mortgaged homes, with a projected total building sum insured of about £2.36 billion at the start of cover. This is an insurance services contract, covering the properties in Hackney, London. Broker services are expressly excluded, so the requirement is for the insurance quotations and cover rather than brokerage. The opportunity is relevant to insurers able to provide property insurance across a substantial residential portfolio, including homes with different ownership and mortgage arrangements.

The buyer invited tenders through an open procedure. The submission and enquiry deadline set by Hackney was 20 November 2026 at 12:00. The contract is scheduled to run from 1 April 2027 to 31 March 2029, with two possible one-year extensions, giving a maximum term through 31 March 2031. The stated contract value is £20 million. There is one lot. Evaluation is weighted 65% on price and 35% on quality. The tender suite is accessed through the London Tenders Portal; submissions and clarifications are to be handled electronically. The stated award decision deadline was 4 March 2027.

This opportunity suits property insurers with the capacity to underwrite a large residential portfolio spanning leasehold, right-to-buy, shared-ownership and mortgaged properties. Suppliers should be able to provide insurance quotations and cover for approximately 8,500 homes, with a projected building sum insured of about £2.36 billion. The buyer identifies economic and technical selection criteria, with the detailed requirements set out in the tender suite. Price is the larger part of the evaluation, while quality also carries substantial weight, so bidders need both competitive pricing and a credible quality offering. Small and medium-sized businesses are identified as suitable for the lot. Brokerage is outside the scope, making this most relevant to insurance providers rather than firms offering broker services alone.

How relevant is this notice?

Notice Information

Notice Title

LONDON BOROUGH OF HACKNEY Invitation to Tender for Property Insurance Quotations in respect of Leasehold and Mortgaged Properties excluding Broker Services

Notice Description

The London Borough of Hackney is inviting tenders for property insurance quotations covering approximately 8,500 leasehold, right-to-buy, shared ownership, and mortgaged residential properties, representing a projected total building sum insured of c. PS2.36bn at inception. The contract is scheduled to commence on 1 April 2027 as a Long Term Agreement of two years, with options to extend for an additional one year plus one year (2 + 1 + 1). This procurement is being conducted via the Open Procedure under the Procurement Act 2023. All submissions and clarifications must be handled electronically via the London Tenders Portal (ProContract), and suppliers must ensure their core information is up to date on the government's Central Digital Platform.

Lot Information

Lot 1

Renewal: Option to extend:24 months with 2 extensions available

Planning Information

The Contracting Authority has engaged Marsh as a third-party intermediary and professional advisor to assist with pre-market preparation, tender structuring, and document development. While no direct engagement or consultations were conducted face-to-face with suppliers, this third-party involvement is disclosed to maintain full transparency. Marsh will continue to support the Contracting Authority throughout the active procurement procedure, including administrative management of the tender process and providing objective evaluation/scoring support alongside the authority's internal panel.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06d5da
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/093990-2026
Current Stage
Tender
All Stages
Planning, Tender

Procurement Classification

Notice Type
UK4 - 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

66500000 - Insurance and pension services

Notice Value(s)

Tender Value
£20,000,000 £10M-£100M
Lots Value
£20,000,000 £10M-£100M
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
5 Oct 2026Yesterday
Submission Deadline
20 Nov 20262 months to go
Future Notice Date
3 Oct 2026Expired
Award Date
Not specified
Contract Period
1 Apr 2027 - 31 Mar 2029 2-3 years
Recurrence
2029-03-31

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 Hackney
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HACKNEY
Postcode
E8 1DY
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI41 Hackney and Newham
Local Authority
Hackney
Electoral Ward
Hackney Central
Westminster Constituency
Hackney South and Shoreditch

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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