---
title: "Tenants Contents Insurance Scheme for the London Borough of Hillingdon"
ocid: "ocds-b5fd17-fdf95625-4a97-4289-9698-a2a5ddc6a465"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-fdf95625-4a97-4289-9698-a2a5ddc6a465"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-fdf95625-4a97-4289-9698-a2a5ddc6a465.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-fdf95625-4a97-4289-9698-a2a5ddc6a465.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "LONDON BOROUGH OF HILLINGDON"
published: "2018-04-05"
---

# Tenants Contents Insurance Scheme for the London Borough of Hillingdon

Buyer: LONDON BOROUGH OF HILLINGDON  
Current stage: Award  
OCID: ocds-b5fd17-fdf95625-4a97-4289-9698-a2a5ddc6a465

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## Summary

The London Borough of Hillingdon is conducting a procurement process for its Tenants Contents Insurance Scheme, seeking to appoint a sole supplier for a contract valued at approximately £320,000 over five years. This contract will commence on 1st April 2018, following the expiry of the current contract on 31st March 2018, and includes an option for a two-year extension. The procurement is currently in the Award stage, with the winning bid awarded to Thistle Insurance Services Ltd on 4th April 2018. The insurance services will specifically cater to financially excluded tenants in London, ensuring access to essential content insurance.

This tender presents a significant opportunity for businesses specialising in insurance services, particularly those offering products tailored for low-income households. Companies capable of providing inclusive insurance schemes with minimal entry barriers will be well-suited to compete in this market. The unique payment structure allowing weekly premiums collected with rent can appeal to providers looking to innovate within the insurance sector while engaging with local government contracts to expand their client base.

## Notice

The London Borough of Hillingdon (the Council) is seeking to appoint a sole supplier for the provision of its Tenants Contents Insurance Scheme. The proposed new contract will be for 3 years, from 1st April 2018 with the option to extend for a further 2 years beyond the initial contact term. The current contract expires on 31st March 2018. The Tenants Contents Scheme is an insurance product for Hillingdon's tenants who find themselves financially excluded from the mainstream home contents insurance market. Currently 812 tenants buy into the Tenants Contents Insurance Scheme, which is just under a 10% take-up rate. The scheme is not intended to rival individual contents policies offered by mainstream insurance providers and unlike these standard contents insurance policies, the Tenants Contents Insurance Scheme has minimal entry criteria, to ensure the scheme is as inclusive as is reasonably possible. The Tenants Contents Insurance Scheme has two significant features. The first is that, unlike mainstream policies which charge by monthly direct debt or an annual premium,tenants purchasing insurance through the Tenants Contents Scheme pay a weekly premium which is collected with the tenant's rent. Secondly, it offers tenants the ability to purchase cover for smaller sums insured than mainstream policies, with sums insured on the Tenants Contents Scheme starting as low as PS5,000. The majority of mainstream policies provide minimum sums insured that exceed the requirements for these low income households. The value of this contract is estimated at PS320k based on the premiums over a 5 year period. Additional information: The full suite of tender documents can be found the tender portal, www.capitalesourcing.com

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/4acf3aa2-b9a3-49ce-b997-e6a482b745fe |
| 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 | 5 Apr 2018 |
| Submission deadline | 10 Jan 2018 |
| Future notice date | Not specified |
| Award date | 3 Apr 2018 |
| Contract period | 31 Mar 2018 - 31 Mar 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £320,000 |
| Lots value | Not specified |
| Awards value | £209,000 |
| 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 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 |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 5 Apr 2018 at 13:34 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/4acf3aa2-b9a3-49ce-b997-e6a482b745fe

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/4acf3aa2-b9a3-49ce-b997-e6a482b745fe
  5th April 2018 - 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-fdf95625-4a97-4289-9698-a2a5ddc6a465. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-fdf95625-4a97-4289-9698-a2a5ddc6a465.json.