---
title: "Insurance Tender - Residential Leasehold Buildings Lot 2 Awards 2024-2029"
ocid: "ocds-b5fd17-64394217-be54-4461-bfa1-33fdf2ec9984"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-64394217-be54-4461-bfa1-33fdf2ec9984"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-64394217-be54-4461-bfa1-33fdf2ec9984.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-64394217-be54-4461-bfa1-33fdf2ec9984.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "CAPITALESOURCING"
published: "2024-04-18"
---

# Insurance Tender - Residential Leasehold Buildings Lot 2 Awards 2024-2029

Buyer: CAPITALESOURCING  
Current stage: Award  
OCID: ocds-b5fd17-64394217-be54-4461-bfa1-33fdf2ec9984

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-64394217-be54-4461-bfa1-33fdf2ec9984)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-64394217-be54-4461-bfa1-33fdf2ec9984.json)

## Summary

The Royal Borough of Kensington & Chelsea has awarded an insurance tender for Residential Leasehold Buildings to Protector Insurance. The contract will run from 2024 to 2029, with premiums subject to annual index linking to reflect inflation. The procurement method used was the Open procedure, and the tender was open for 30 days, closing on 19th February 2024.

This tender presents business growth opportunities for insurance firms specialising in residential properties. Companies with expertise in insurance services for leasehold buildings would be well-suited to compete. The procurement stage is now at the award phase, with a contract value of £14,832,860 in GBP. The location of the procurement is in the Royal Borough of Kensington & Chelsea, London, United Kingdom, within the services industry category for insurance services.

## Notice

The Royal Borough of Kensington & Chelsea (RBKC) has awarded an insurance tender - Residential Leasehold Buildings Lot 2 2024-2029 contract to Protector Insurance (Company No: FC033034) for the delivery of Residential Leasehold Buildings insurance. The tender was carried out using the Open procedure using the Council's capitalEsourcing portal. The Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of February 2024. The contract will be established for an initial duration of five-year arrangement, premiums are not fixed by the insurers as they will be subject to annual index linking to reflect the current inflation at that time. This ensures the Councils' assets are adequately insured and not subject to under-insurance.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/609034e6-7991-470d-8762-f34722e8b5be |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 18 Apr 2024 |
| Submission deadline | 19 Feb 2024 |
| Future notice date | Not specified |
| Award date | 4 Mar 2024 |
| Contract period | 31 Mar 2024 - 2 Apr 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £14,832,860 |
| Lots value | Not specified |
| Awards value | £14,832,860 |
| 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 | CAPITALESOURCING |
| Locality | HORNTON STREET LONDON |
| Post town | West London |
| Postcode | W8 7NX |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI33 Kensington & Chelsea and Hammersmith & Fulham |
| Local authority | Kensington and Chelsea |
| Electoral ward | Campden |
| Westminster constituency | Kensington and Bayswater |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PROTECTOR FORSIKRING |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 18 Apr 2024 at 12:11 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/609034e6-7991-470d-8762-f34722e8b5be

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/609034e6-7991-470d-8762-f34722e8b5be
  18th April 2024 - Awarded contract notice on Contracts Finder

## 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-b5fd17-64394217-be54-4461-bfa1-33fdf2ec9984. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-64394217-be54-4461-bfa1-33fdf2ec9984.json.