--- title: "WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services" ocid: "ocds-b5fd17-67a8c5e8-6b24-43d8-ae97-3fc9f287c020" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-67a8c5e8-6b24-43d8-ae97-3fc9f287c020" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-67a8c5e8-6b24-43d8-ae97-3fc9f287c020.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-67a8c5e8-6b24-43d8-ae97-3fc9f287c020.json" source: "Contracts Finder" current_stage: "Tender" buyer: "WAVERLEY BOROUGH COUNCIL" published: "2024-10-29" --- # WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services Buyer: WAVERLEY BOROUGH COUNCIL Current stage: Tender OCID: ocds-b5fd17-67a8c5e8-6b24-43d8-ae97-3fc9f287c020 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-67a8c5e8-6b24-43d8-ae97-3fc9f287c020) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-67a8c5e8-6b24-43d8-ae97-3fc9f287c020.json) ## Summary Waverley Borough Council is seeking bids for its property insurance contract for leasehold properties and shared owner properties, excluding broker services. The procurement is in the tender stage and will replace the current contract expiring on 31st March 2025. The bidding process is open until 29th November 2024. This open procedure procurement is valued at £490,000 and will cover insurance for private dwellings sold under the Right to Buy (RTB) legislation. The service start date is 1st April 2025, and the initial contract period is three years, with an optional two-year extension. The location for the project is the South East region, specifically Godalming in Surrey (postal code GU7 1HR). The industry category is financial and insurance services (CPV code 66000000). This tender represents a significant opportunity for businesses in the financial and insurance services sector, particularly those with experience in providing property insurance for residential properties. It is well-suited for companies that can offer comprehensive insurance services for both leasehold and shared ownership dwellings. The exclusion of broker services implies that businesses can directly engage with the contracting authority, potentially enhancing their market position and establishing a long-term relationship with Waverley Borough Council. Companies that can ensure competitive pricing and robust service delivery will have the potential to secure a critical client, thereby fostering business growth. ## Notice The current Long-Term Agreement expires on 31st March 2025. The Contracting Authority (Waverley 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. The dwellings are flats in blocks and flats in houses (maisonettes) where the Contracting Authority still retain the freehold ownership and in some case the leases may state that the Contracting Authority, 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. The project will be awarded for initial period of 3 years with optional 2-year extension. Additional information: To place a submission for this tender please access via the below link, and login with your credentials if already registered on the SE Shared Service portal: https://www.sesharedservices.org.uk/esourcing If you are not registered on the SE Shared Services, and would like to place to submission for this tender, then please register your companies details via the below link. Once registered you will be able to access the tender documentation: https://www.in-tendhost.co.uk/sesharedservices/aspx/Home Please search for project name (WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services) or for project reference number (038111) Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/90a80bdf-5067-4012-a155-f9b986e09751 | | 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 | 29 Oct 2024 | | Submission deadline | 29 Nov 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 1 Apr 2025 - 31 Mar 2027 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £490,000 | | 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 | WAVERLEY BOROUGH COUNCIL | | Locality | SURREY | | Post town | Guildford | | Postcode | GU7 1HR | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ2 Surrey, East and West Sussex | | ITL 3 | TLJ25 West Surrey | | Local authority | Waverley | | Electoral ward | Godalming Central & Ockford | | Westminster constituency | Godalming and Ash | | Delivery location | TLJ South East (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services ## Release History - 29 Oct 2024 at 17:09 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/90a80bdf-5067-4012-a155-f9b986e09751 - 29 Oct 2024 at 17:09 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/90a80bdf-5067-4012-a155-f9b986e09751 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/90a80bdf-5067-4012-a155-f9b986e09751 29th October 2024 - Opportunity notice on Contracts Finder - http://www.waverley.gov.uk Additional information on how to apply for this contract ## Notice URLs - https://www.in-tendhost.co.uk/sesharedservices/aspx/Home - https://www.sesharedservices.org.uk/esourcing ## 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-b5fd17-67a8c5e8-6b24-43d8-ae97-3fc9f287c020. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-67a8c5e8-6b24-43d8-ae97-3fc9f287c020.json.