---
title: "SPS 2521 - Leasehold (RTB) Properties Insurance"
ocid: "ocds-b5fd17-cb16a1b0-b4aa-4a82-addc-ad0176f178a8"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-cb16a1b0-b4aa-4a82-addc-ad0176f178a8"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-cb16a1b0-b4aa-4a82-addc-ad0176f178a8.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-cb16a1b0-b4aa-4a82-addc-ad0176f178a8.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "ROYAL BOROUGH OF GREENWICH"
published: "2022-05-23"
---

# SPS 2521 - Leasehold (RTB) Properties Insurance

Buyer: ROYAL BOROUGH OF GREENWICH  
Current stage: Award  
OCID: ocds-b5fd17-cb16a1b0-b4aa-4a82-addc-ad0176f178a8

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## Summary

The Royal Borough of Greenwich is conducting a procurement process for property insurance services under the title "SPS 2521 - Leasehold (RTB) Properties Insurance". This open procedure contract, worth approximately £4.72 million, is set to commence on 1st April 2022 and may last for a total of five years, including extension options. The tender period concluded on 26th October 2021, with the procurement currently at the award stage, following the successful selection of Avid Insurance Services as the supplier.

This tender presents significant opportunities for businesses specialising in insurance services, especially those focusing on property insurance for leasehold and Right to Buy properties. Small and medium-sized enterprises (SMEs) are particularly encouraged to participate, given the buyer's aim to engage diverse suppliers. Companies offering innovative insurance solutions tailored to public sector needs may find this contract to be an optimal platform for growth and collaboration with a local government authority.

## Notice

Royal borough of Greenwich is seeking tender submissions for Property Insurance in respect of leasehold/RTB properties, excluding broker services. Detailed description of the service is provided in the tender documents. The contract will commence 1st April 2022 under a 3-year Long Term Agreement with the option to extend for a further 1 year plus 1 year making it a potential contract period of 5 years at the authority's sole discretion. To access the documents please follow the link below: https://procontract.due-north.com/Opportunities/Index?resetFilter=True&applyFilter=True&p=2241eb95-058a-e511-80f7-000c29c9ba21&v=1

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e446c9ae-e983-4120-bbdd-9459875a2e05 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 23 May 2022 |
| Submission deadline | 26 Oct 2021 |
| Future notice date | Not specified |
| Award date | 2 Mar 2022 |
| Contract period | 31 Mar 2022 - 31 Mar 2025 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £4,718,182 |
| Lots value | Not specified |
| Awards value | £4,718,182 |
| 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 | ROYAL BOROUGH OF GREENWICH |
| Locality | LONDON |
| Post town | South East London |
| Postcode | SE18 6HQ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI5 Outer London - East and North East |
| ITL 3 | TLI51 Bexley and Greenwich |
| Local authority | Greenwich |
| Electoral ward | Woolwich Arsenal |
| Westminster constituency | Greenwich and Woolwich |
| Delivery location | TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England) |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66515200 - Property insurance services

## Release History

- 23 May 2022 at 10:42 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e446c9ae-e983-4120-bbdd-9459875a2e05

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/e446c9ae-e983-4120-bbdd-9459875a2e05
  23rd May 2022 - Awarded contract notice on Contracts Finder
- https://procontract.due-north.com/Advert?advertId=14fe8a96-9f1f-ec11-810e-005056b64545
  Advert

## Notice URLs

- http://www.royalgreenwich.gov.uk/
- https://procontract.due-north.com/Opportunities/Index?resetFilter=True&applyFilter=True&p=2241eb95-058a-e511-80f7-000c29c9ba21&v=1

## 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-cb16a1b0-b4aa-4a82-addc-ad0176f178a8. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-cb16a1b0-b4aa-4a82-addc-ad0176f178a8.json.