---
title: "SPS 2736 - Leasehold (RTB) Properties Insurance"
ocid: "ocds-h6vhtk-0419e2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0419e2"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0419e2.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0419e2.json"
source: "Find A Tender Service"
current_stage: "Tender"
buyer: "ROYAL BOROUGH OF GREENWICH"
published: "2023-11-15"
---

# SPS 2736 - Leasehold (RTB) Properties Insurance

Buyer: ROYAL BOROUGH OF GREENWICH  
Current stage: Tender  
OCID: ocds-h6vhtk-0419e2

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## Summary

The Royal Borough of Greenwich has issued a tender for the provision of property insurance for private dwellings sold on a leasehold basis under the Right to Buy legislation. The value of the contract is £9,300,000 GBP. Interested parties can submit bids through the Council's eTendering Suite. The tender period ends on 15th December 2023, with the bid opening scheduled for the same day at the Royal Borough of Greenwich Offices in Woolwich. The procurement method is an open procedure, and social value considerations are included in the tender documents.

This opportunity presents a chance for insurance service providers to secure a long-term contract with the Council. Businesses specialising in insurance services, particularly those experienced in property insurance, are well-suited to compete for this tender. The contract period is initially for 3 years, with potential extensions up to a total possible contract period of 5 years. With a clear emphasis on quality and pricing in the award criteria, companies with a strong track record in delivering high-quality insurance services competitively priced are likely to be successful in this procurement process.

## Notice

The Council invites bids for the provision of property insurance in respect of private dwellings sold on a leasehold basis 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 the leases 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.

### Lot Information

Lot 1

The Council invites bids for the provision of property insurance in respect of private dwellings sold on a leasehold basis 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 the leases 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. The Contract Period is initially for a period of 3 years although the Council reserves the right to extend the Contract on the same terms for a further 2 periods of 12 months (3 + 1 + 1) making a total possible Contract Period of 5 years.

Options: The Contract Period is initially for a period of 3 years although the Council reserves the right to extend the Contract on the same terms for a further 2 periods of 12 months (3 + 1 + 1) making a total possible Contract Period of 5 years. The council requires quotes for 3 excess levels, as outlined in the ITT

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/033727-2023 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 15 Nov 2023 |
| Submission deadline | 15 Dec 2023 |
| Future notice date | Not specified |
| Award date | Not specified |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £9,300,000 |
| Lots value | £9,300,000 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Active |
| Lots status | Active |
| Awards status | Not specified |
| 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 | TLI51 Bexley and Greenwich |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services

## Release History

- 15 Nov 2023 at 10:08 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/033727-2023

## Notice URLs

- http://www.royalgreenwich.gov.uk/
- https://royalgreenwich.proactishosting.com/
- https://supplierhelp.due-north.com/

## 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-0419e2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0419e2.json.