---
title: "Leasehold and Ancillary Properties Building Insurance"
ocid: "ocds-b5fd17-81b7a7ef-f175-4037-8a42-8e9a4f99cfb1"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-81b7a7ef-f175-4037-8a42-8e9a4f99cfb1"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-81b7a7ef-f175-4037-8a42-8e9a4f99cfb1.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-81b7a7ef-f175-4037-8a42-8e9a4f99cfb1.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LONDON BOROUGH OF SOUTHWARK"
published: "2018-04-05"
---

# Leasehold and Ancillary Properties Building Insurance

Buyer: LONDON BOROUGH OF SOUTHWARK  
Current stage: Award  
OCID: ocds-b5fd17-81b7a7ef-f175-4037-8a42-8e9a4f99cfb1

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## Summary

The London Borough of Southwark has completed a public procurement process for a contract titled "Leasehold and Ancillary Properties Building Insurance." This procurement falls under the property insurance services industry category and was valued at £18,000,000. The tender was awarded to Zurich Municipal, with the contract spanning from April 1, 2018, to March 31, 2023. The procurement utilised an open procedure with the formal tender period concluding on September 25, 2017.

This tender presents a significant opportunity for businesses specialising in property insurance services, particularly those with expertise in insuring residential properties and leasehold agreements. Companies that focus on comprehensive insurance solutions, especially those catering to local councils or housing authorities, would be well-suited to engage in future contracts of this nature. The involvement of a major buyer like the London Borough of Southwark may also encourage partnerships and collaborations within the private sector, fostering potential growth avenues for SMEs within this niche market.

## Notice

The leaseholders and ancillary properties buildings insurance contract relates to flats and maisonettes sold by the council under long lease terms. There are three separate policies within the contract covering: * The main policy where flats have been sold (under the Right to Buy scheme or through other disposals e.g. auction sales, social home buy) * A policy to insure under-leased blocks on a comprehensive basis (there are currently three) * A much smaller policy relating to mortgaged housing properties - currently 1 property - where the council is still providing a mortgage

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/05b3fc97-0d09-467a-bf59-0b67146da60f |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Apr 2018 |
| Submission deadline | 25 Sep 2017 |
| Future notice date | Not specified |
| Award date | 16 Mar 2018 |
| Contract period | 31 Mar 2018 - 31 Mar 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £18,000,000 |
| Lots value | Not specified |
| Awards value | £21,000,000 |
| 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 | LONDON BOROUGH OF SOUTHWARK |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE1 2QH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI44 Lewisham and Southwark |
| Local authority | Southwark |
| Electoral ward | London Bridge & West Bermondsey |
| Westminster constituency | Bermondsey and Old Southwark |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ZURICH MUNICIPAL |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66515200 - Property insurance services

## Release History

- 5 Apr 2018 at 14:33 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/05b3fc97-0d09-467a-bf59-0b67146da60f

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/05b3fc97-0d09-467a-bf59-0b67146da60f
  5th April 2018 - Awarded contract notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=df087df0-df80-e711-80e4-005056b64545
  Advert

## Notice URLs

- http://www.southwark.gov.uk

## 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-b5fd17-81b7a7ef-f175-4037-8a42-8e9a4f99cfb1. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-81b7a7ef-f175-4037-8a42-8e9a4f99cfb1.json.