---
title: "Residential Landlord, Shared Ownership and Mortgaged Properties Buildings Insurance Scheme (Long Term Agreement)"
ocid: "ocds-b5fd17-ebac48cc-01b9-4f21-a28f-baa935202e80"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-ebac48cc-01b9-4f21-a28f-baa935202e80"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-ebac48cc-01b9-4f21-a28f-baa935202e80.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-ebac48cc-01b9-4f21-a28f-baa935202e80.json"
source: "Contracts Finder"
current_stage: "Tender"
buyer: "LONDON BOROUGH OF HILLINGDON"
published: "2023-10-27"
---

# Residential Landlord, Shared Ownership and Mortgaged Properties Buildings Insurance Scheme (Long Term Agreement)

Buyer: LONDON BOROUGH OF HILLINGDON  
Current stage: Tender  
OCID: ocds-b5fd17-ebac48cc-01b9-4f21-a28f-baa935202e80

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## Summary

The London Borough of Hillingdon is inviting bids for a Residential Landlord, Shared Ownership, and Mortgaged Properties Buildings Insurance Scheme. The procurement falls under the services category and involves property insurance services in the CPV classification. The contract value is £4,597,068 GBP with a tender deadline of November 27, 2023. The contract period starts on April 1, 2024, and runs until March 31, 2029. Businesses interested in this tender opportunity should note that the buying organisation is the London Borough of Hillingdon and the procurement method is an open procedure above the threshold.

This tender for property insurance services by the London Borough of Hillingdon can create growth opportunities for businesses specializing in insurance services or property management. Small and medium-sized enterprises (SMEs) are particularly suitable for this opportunity, given the emphasis on shared ownership properties and mortgaged properties. The geographical location for the service delivery is London, UK, which may influence the type of businesses that can compete effectively. Interested companies should prepare their bids considering the unique requirements of the insurance coverage starting from April 1, 2024.

## Notice

The London Borough of Hillingdon 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. In addition, there are a small number of Mortgaged Properties i.e. properties for which the mortgage was granted by the Contracting Authority. There are also a number of Shared Ownership (Equity Share) Properties shared where there is part ownership of the property by the Shared Owner leaseholder/Mortgagor and the Council. Cover is expected to commence at 00.01am on the 1st April 2024.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/23723bcc-5e46-487b-b15b-7da2a579a6c3 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Oct 2023 |
| Submission deadline | 27 Nov 2023 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | 31 Mar 2024 - 31 Mar 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £4,597,068 |
| 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 | LONDON BOROUGH OF HILLINGDON |
| Locality | UXBRIDGE |
| Post town | Southall |
| Postcode | UB8 1UW |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI7 Outer London - West and North West |
| ITL 3 | TLI74 Harrow and Hillingdon |
| Local authority | Hillingdon |
| Electoral ward | Uxbridge |
| Westminster constituency | Uxbridge and South Ruislip |
| Delivery location | TLI London |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66515200 - Property insurance services

## Release History

- 27 Oct 2023 at 14:44 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/23723bcc-5e46-487b-b15b-7da2a579a6c3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/23723bcc-5e46-487b-b15b-7da2a579a6c3
  27th October 2023 - 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-ebac48cc-01b9-4f21-a28f-baa935202e80. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-ebac48cc-01b9-4f21-a28f-baa935202e80.json.