---
title: "Right to Buy Leaseholder insurance"
ocid: "ocds-b5fd17-6ae40a22-48bd-489e-84fe-e010f79a9eca"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6ae40a22-48bd-489e-84fe-e010f79a9eca"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6ae40a22-48bd-489e-84fe-e010f79a9eca.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-6ae40a22-48bd-489e-84fe-e010f79a9eca.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "SOUTH TYNESIDE COUNCIL"
published: "2022-03-02"
---

# Right to Buy Leaseholder insurance

Buyer: SOUTH TYNESIDE COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-6ae40a22-48bd-489e-84fe-e010f79a9eca

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## Summary

South Tyneside Council has completed a tender process for the provision of leaseholder insurance under the title "Right to Buy Leaseholder insurance." This contract, classified under financial and insurance services, is valued at £46,453.56 and will run from 1 April 2022 to 31 March 2027. The procurement method used was selective, involving a call-off from a framework agreement. The tender process was formally closed on 20 December 2021, prior to the contract award date of 18 February 2022, and the award notice was published on 2 March 2022. The insurance will cover properties in the North East of England, specifically flats and maisonettes sold under the Right to Buy legislation.

This tender presents an opportunity for insurance companies, particularly small and medium-sized enterprises (SMEs) with the capacity to provide property insurance services, to engage with local authorities. Firms with experience in leaseholder or property insurance could find this contract suitable, given the specific requirements of covering freehold properties and service charge arrangements. This contract not only offers financial benefits through a substantial value but also positions successful bidders as trusted providers within the local government landscape, potentially leading to further contracts.

## Notice

Provision of 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 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

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e86d1174-d2b1-4875-b790-17a562d1d0d0 |
| Notice type | Award Notice |
| Procurement type | Framework |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Call-off from a framework agreement |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 2 Mar 2022 |
| Submission deadline | 20 Dec 2021 |
| Future notice date | Not specified |
| Award date | 18 Feb 2022 |
| Contract period | 31 Mar 2022 - 31 Mar 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £46,453 |
| Lots value | Not specified |
| Awards value | £232,267 |
| 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 | SOUTH TYNESIDE COUNCIL |
| Locality | SOUTH SHIELDS |
| Post town | Newcastle upon Tyne |
| Postcode | NE33 2RL |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | South Tyneside |
| Electoral ward | Beacon and Bents |
| Westminster constituency | South Shields |
| Delivery location | TLC North East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | AVID INSURANCE SERVICES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 2 Mar 2022 at 15:30 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e86d1174-d2b1-4875-b790-17a562d1d0d0

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/e86d1174-d2b1-4875-b790-17a562d1d0d0
  2nd March 2022 - 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-b5fd17-6ae40a22-48bd-489e-84fe-e010f79a9eca. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6ae40a22-48bd-489e-84fe-e010f79a9eca.json.