--- title: "Property Insurance - Leasehold Flats and Mortgaged Properties" ocid: "ocds-b5fd17-3b53536d-e71e-4eff-bf97-b8fd6a68567c" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-3b53536d-e71e-4eff-bf97-b8fd6a68567c" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-3b53536d-e71e-4eff-bf97-b8fd6a68567c.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-3b53536d-e71e-4eff-bf97-b8fd6a68567c.json" source: "Contracts Finder" current_stage: "Tender" buyer: "READING BOROUGH COUNCIL" published: "2019-10-14" --- # Property Insurance - Leasehold Flats and Mortgaged Properties Buyer: READING BOROUGH COUNCIL Current stage: Tender OCID: ocds-b5fd17-3b53536d-e71e-4eff-bf97-b8fd6a68567c [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-3b53536d-e71e-4eff-bf97-b8fd6a68567c) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-3b53536d-e71e-4eff-bf97-b8fd6a68567c.json) ## Summary The Reading Borough Council is seeking bids for the provision of property insurance for leasehold flats and mortgaged properties, with the tender titled "Property Insurance - Leasehold Flats and Mortgaged Properties". This procurement falls under the insurance services category and is located in Reading, Berkshire, South East England. The tender is currently at the open procurement stage, with submissions due by 22nd November 2019. The total estimated contract value is £35,000, and the contract period will commence on 1st April 2020, lasting until 31st March 2025. This tender presents significant opportunities for businesses specialising in insurance services, particularly those with experience in property insurance for leasehold and mortgaged properties. Companies that can demonstrate expertise in managing insurance for private residential properties, including flats and shared ownership homes, will be well-positioned to compete. Businesses are encouraged to engage with the tendering process through the Council’s e-tendering portal to ensure they are adequately prepared to meet the Council's requirements. ## Notice Reading Borough Council invites bids for the 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 Housing Act 1985. The dwellings are flats in blocks and flats in houses (maisonettes) 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. In addition There are 4 Shared Ownership Houses (5 Dee Road, 8 Dover Street, 57 Field Road, 12 Norwich Drive) which have different leases, plus one Mortgaged property (1 St Elizabeth Close). There are 9 Shared Ownership Houses (in Field Rd & Garnet Hill). These are identified on the schedule. 17 detached garages that are leased to RTB leaseholders are included in the schedule. There are no freehold properties. Additional information: Organisations interested in expressing an interest in this procurement should download the procurement documents which are available on the Council's e-tendering system at: https://in-tendhost.co.uk/readingbc/aspx/Home and complete as instructed. The Portal is free of charge - to register please follow the supplier registration guidance which is available on the Portal. Contractors wishing to be considered for this tendering opportunity must complete the tender documents and return them electronically via the Council's e-tendering portal. Please note: you must register your interest via the Council's e-tendering portal if you intend to submit a tender. Interested parties must log onto the Council's e-tendering portal at: https://in-tendhost.co.uk/readingbc, to express an interest and download the procurement documents. All communications regarding this procurement exercise will be conducted through the Council's e-tendering portal including requests for clarifications or general enquiries. The procurement documents will be available for download up until the closing time and date for tender submissions, it is the organisation's responsibility to ensure that they download the documents in ample time to ensure that they can be completed and returned electronically, along with supporting documents, prior to the closing time and date stipulated. Before completing the tender, potential providers/suppliers should ensure that the e-mail address that has been used to register their organisation will be checked regularly as the Council's e-tendering system will generate automatic notifications to this e-mail address when there are updates, changes or messages sent relating to the project. Potential bidders should also check that their organisation's details are correct and kept up to date. Technical questions and assistance regarding the use and operation of the Portal should be addressed to the In-Tend Help Desk - e-mail: support@in-tend.co.uk, telephone number +44 8442728810. Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/13aa72c0-b072-4aa4-8e3a-d95280f00453 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (above threshold) | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 14 Oct 2019 | | Submission deadline | 22 Nov 2019 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Mar 2020 - 31 Mar 2025 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £35,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | READING BOROUGH COUNCIL | | Locality | BERKSHIRE | | Post town | Reading | | Postcode | RG1 2LU | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire | | ITL 3 | TLJ16 Berkshire West | | Local authority | Reading | | Electoral ward | Abbey | | Westminster constituency | Reading Central | | Delivery location | TLJ South East (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66510000 - Insurance services - 66515200 - Property insurance services ## Release History - 14 Oct 2019 at 12:56 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/13aa72c0-b072-4aa4-8e3a-d95280f00453 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/13aa72c0-b072-4aa4-8e3a-d95280f00453 14th October 2019 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/readingbc/aspx/ Additional information on how to apply for this contract ## Notice URLs - https://in-tendhost.co.uk/readingbc - https://in-tendhost.co.uk/readingbc/aspx/Home ## 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-b5fd17-3b53536d-e71e-4eff-bf97-b8fd6a68567c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-3b53536d-e71e-4eff-bf97-b8fd6a68567c.json.