---
title: "Property Insurance of Leasehold Flats and Shared Ownership Properties excluding Broker Services"
ocid: "ocds-h6vhtk-040d55"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-040d55"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-040d55.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-040d55.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "WOKINGHAM BOROUGH COUNCIL"
published: "2024-03-19"
---

# Property Insurance of Leasehold Flats and Shared Ownership Properties excluding Broker Services

Buyer: WOKINGHAM BOROUGH COUNCIL  
Current stage: Award  
OCID: ocds-h6vhtk-040d55

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-040d55)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-040d55.json)

## Summary

The Wokingham Borough Council has successfully awarded a contract for the provision of property insurance for leasehold flats and shared ownership properties. The contract, titled "Property Insurance of Leasehold Flats and Shared Ownership Properties excluding Broker Services," falls under the services main procurement category in the industry of property insurance services. The procurement stage was an open procedure, with a total contract value of £395,766 GBP. The award was made to Aspen Insurance UK Ltd, and the contract was signed on 19th March 2024.

This tender by Wokingham Borough Council presents an opportunity for businesses in the property insurance services industry. Companies well-suited to compete are those offering quality insurance services at competitive prices. The tender is particularly beneficial for businesses providing buildings insurance for leasehold properties, including those sold under the Right to Buy legislation. The opportunity also extends to companies capable of handling insurance for shared ownership properties, such as houses, maisonettes, and flats, in line with the council's requirements.

## Notice

Provision of Buildings Insurance for Leasehold 'Right to Buy' and Shared Ownership properties.

### Lot Information

Lot 1

Provision of Buildings Insurance for Leasehold 'Right to Buy' and Shared Ownership properties.

Renewal: Option to renew for 12 months + 12 months

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/008912-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 19 Mar 2024 |
| Submission deadline | 23 Nov 2023 |
| Future notice date | Not specified |
| Award date | 19 Mar 2024 |
| Contract period | 31 Mar 2024 - 31 Mar 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £575,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £395,766 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | WOKINGHAM BOROUGH COUNCIL |
| Locality | WOKINGHAM |
| Post town | Reading |
| Postcode | RG40 1BN |
| Country | England |
| ITL 1 | TLJ South East (England) |
| ITL 2 | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |
| ITL 3 | TLJ16 Berkshire West |
| Local authority | Wokingham |
| Electoral ward | Emmbrook |
| Westminster constituency | Wokingham |
| Delivery location | TLJ1 Berkshire, Buckinghamshire and Oxfordshire |

## Supplier

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

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66515200 - Property insurance services

## Release History

- 19 Mar 2024 at 16:35 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/008912-2024
- 19 Oct 2023 at 11:09 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/030879-2023

## Notice URLs

- http://www.wokingham.gov.uk
- https://procontract.due-north.com/Opportunities

## 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-h6vhtk-040d55. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-040d55.json.