---
title: "Contract for Leaseholders Property Insurance"
ocid: "ocds-b5fd17-7e9273a9-5a28-4da7-a330-86bc68f991a2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-7e9273a9-5a28-4da7-a330-86bc68f991a2"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-7e9273a9-5a28-4da7-a330-86bc68f991a2.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-7e9273a9-5a28-4da7-a330-86bc68f991a2.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "GATESHEAD COUNCIL"
published: "2023-04-18"
---

# Contract for Leaseholders Property Insurance

Buyer: GATESHEAD COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-7e9273a9-5a28-4da7-a330-86bc68f991a2

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-7e9273a9-5a28-4da7-a330-86bc68f991a2)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-7e9273a9-5a28-4da7-a330-86bc68f991a2.json)

## Summary

The Gateshead Council has awarded a contract for the provision of property insurance for private dwellings sold on a leasehold basis, mainly under the Right To Buy legislation. The contract, valued at £1,411,004.59 GBP, commenced on 1st April 2023 and will run until 31st March 2026. The buying organization, Gateshead Council, located in Gateshead, North East England, used an open procurement method for this service contract in the insurance services category. The tender stage concluded on 20th January 2023.

This procurement process for property insurance by Gateshead Council offers business growth opportunities for qualified Insurance Companies aiming to provide quality Leaseholders Property Insurance. Businesses in the insurance services sector, especially those experienced in property insurance and capable of managing long-term contracts, would be well-suited to compete in this tender. The contract value has totalled £1,411,004.59 GBP over its 3-year duration, with an initial amount of £630,000 GBP for the first year. The Council has highlighted its preference for small and medium-sized enterprises (SMEs) as suitable bidders.

## Notice

Gateshead Council has awarded a contract 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. Cover commenced at 00.01am on the 1st April 2023.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/337f2c69-b287-4eba-a362-a72895c3569c |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 18 Apr 2023 |
| Submission deadline | 20 Jan 2023 |
| Future notice date | Not specified |
| Award date | 29 Mar 2023 |
| Contract period | 31 Mar 2023 - 31 Mar 2026 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £630,000 |
| Lots value | Not specified |
| Awards value | £1,411,004 |
| 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 | GATESHEAD COUNCIL |
| Locality | GATESHEAD |
| Post town | Newcastle upon Tyne |
| Postcode | NE8 1HH |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Gateshead |
| Electoral ward | Bridges |
| Westminster constituency | Gateshead Central and Whickham |
| Delivery location | TLC North East (England) |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 18 Apr 2023 at 15:17 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/337f2c69-b287-4eba-a362-a72895c3569c
- 22 Dec 2022 at 09:49 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/c8ca0d21-168b-4f30-a146-a45a04f4290f
- 24 Nov 2022 at 13:58 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/c8ca0d21-168b-4f30-a146-a45a04f4290f
- 17 Nov 2022 at 17:26 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/c8ca0d21-168b-4f30-a146-a45a04f4290f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/337f2c69-b287-4eba-a362-a72895c3569c
  18th April 2023 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/c8ca0d21-168b-4f30-a146-a45a04f4290f
  22nd December 2022 - Opportunity 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-b5fd17-7e9273a9-5a28-4da7-a330-86bc68f991a2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-7e9273a9-5a28-4da7-a330-86bc68f991a2.json.