---
title: "London Borough Barnet - Leasehold Right to Buy Property Insurance"
ocid: "ocds-b5fd17-14598add-6329-4d9d-bad1-6569bd89053b"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-14598add-6329-4d9d-bad1-6569bd89053b"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-14598add-6329-4d9d-bad1-6569bd89053b.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-14598add-6329-4d9d-bad1-6569bd89053b.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LONDON BOROUGH OF BARNET COUNCIL"
published: "2018-10-22"
---

# London Borough Barnet - Leasehold Right to Buy Property Insurance

Buyer: LONDON BOROUGH OF BARNET COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-14598add-6329-4d9d-bad1-6569bd89053b

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## Summary

The London Borough of Barnet Council is conducting a public procurement process for 'Leasehold Right to Buy Property Insurance' with a contract value of £4,100,000. This tender is categorized under insurance services and is part of an open procedure initiated on 1st October 2018, with the contract period running until 30th September 2023. The tender was completed on 22nd October 2018, with the awarded supplier being Zurich Insurance plc. Interested parties should note that the latest relevant procurement activities were announced under this process.

This contract presents significant opportunities for businesses in the insurance sector, particularly those specialising in property insurance, business interruption, and liability insurance. Companies with the capacity to provide comprehensive insurance solutions for local authorities could benefit greatly. As the London Borough of Barnet looks for reliable partners to ensure proper risk management for leasehold properties, businesses that demonstrate expertise in these areas are encouraged to consider participation in future tenders.

## Notice

The London Borough of Barnet is seeking tender submissions for annual insurance cover commencing from the 1.10.2018 under a Longterm agreement (LTA) for a minimum period of 3 years with the option to extend for a further 2 years at the Authority's sole discretion.Property insurance in respect of leasehold right to buy comprising material damage (perils as specified within the invitation to tender),business interruption to include loss of rental Income and / or alternative accommodation costs and property owners liability insurance.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e20c294e-8776-4110-a6be-e4d1d0417373 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 22 Oct 2018 |
| Submission deadline | 1 Jan 2018 |
| Future notice date | Not specified |
| Award date | 30 Sep 2018 |
| Contract period | 30 Sep 2018 - 30 Sep 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £4,100,000 |
| Lots value | Not specified |
| Awards value | £4,100,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | LONDON BOROUGH OF BARNET COUNCIL |
| Locality | LONDON |
| Post town | North London |
| Postcode | N11 1NP |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI7 Outer London - West and North West |
| ITL 3 | TLI71 Barnet |
| Local authority | Barnet |
| Electoral ward | Brunswick Park |
| Westminster constituency | Chipping Barnet |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ZURICH INSURANCE |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 22 Oct 2018 at 16:45 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e20c294e-8776-4110-a6be-e4d1d0417373

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/e20c294e-8776-4110-a6be-e4d1d0417373
  22nd October 2018 - Awarded contract notice on Contracts Finder
- https://www.mytenders.co.uk/search/show/search_view.aspx?ID=OCT155684
  NOTE: To register your interest in this notice and obtain any additional information please visit the myTenders Web Site at the link provided.

## Notice URLs

- https://barnetsourcing.co.uk/

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-14598add-6329-4d9d-bad1-6569bd89053b. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-14598add-6329-4d9d-bad1-6569bd89053b.json.