---
title: "Insurance Tender - Leasehold Buildings Lot 9 Awards 2024-2029"
ocid: "ocds-h6vhtk-042e48"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-042e48"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-042e48.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-042e48.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "THE ROYAL BOROUGH OF KENSINGTON AND CHELSEA"
published: "2024-04-18"
---

# Insurance Tender - Leasehold Buildings Lot 9 Awards 2024-2029

Buyer: THE ROYAL BOROUGH OF KENSINGTON AND CHELSEA  
Current stage: Award  
OCID: ocds-h6vhtk-042e48

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-042e48.json)

## Summary

The Royal Borough of Kensington & Chelsea has awarded insurance tenders for Leasehold Buildings and Property to Protector Insurance. The Leasehold Buildings tender was carried out using the Open procedure via the Council's capitalEsourcing portal. The award includes a five-year arrangement starting from 2024 with premiums subject to annual index linking. The Property insurance tender was structured similarly with a focus on Lot 1 and Lot 2, starting on the 1st of April 2024, following a 30-day Call for Bids process.

Businesses in the insurance services sector, specifically those experienced in providing Property and Leasehold Buildings insurance, would find opportunities in these tenders. The Royal Borough's procurement process, using the Open procedure, creates a transparent and competitive environment for businesses looking to expand through public contracts. With clear award criteria emphasizing policy coverage, claims provision, and pricing, suppliers can align their bids to match the Council's requirements and potentially secure valuable contracts.

## Notice

The Royal Borough of Kensington & Chelsea (RBKC) has awarded an insurance tender - Leasehold Buildings Lot 9 Award 2024-2029 contracts to Protector Insurance (Company No: FC033034) for the delivery of Leasehold Buildings insurance. The tender was carried out using the Open procedure using the Council's capitalEsourcing portal. The Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of February 2024. The contract will be established for an initial duration of five-year arrangement, premiums are not fixed by the insurers as they will be subject to annual index linking to reflect the current inflation at that time. This ensures the Councils' assets are adequately insured and not subject to under-insurance.

### Lot Information

Lot 1&2

A Service Contract will be awarded to a single supplier for Lot 1 Property and for Lot 2 Leasehold Buildings - the contract for each council could be awarded to a different supplier. The delivery of the contract is anticipated to begin on 01 April 2024. The objectives of this contract are: To provide Property insurance for the City of Westminster, London Borough of Hammersmith and Fulham and Royal Borough of Kensington and Chelsea Property programme. To provide Residential Leasehold Buildings Insurance for the City of Westminster, London Borough of Hammersmith and Fulham and Royal Borough of Kensington and Chelsea residential leasehold properties.

Lot 1

The objectives of this tender is the contract award for sovereign insurance contract for Property that will commence on 1st of April 2024. The tender was carried out using the Open procedure using the Council's capitalEsourcing portal. The Contract Award Criteria was based on the technical specification, which invited bidders to provide policy coverage and claims handling requirements. The Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of February 2024.

Lot 9

The objectives of this tender is the contract award for sovereign insurance contract for Leasehold Buildings that will commence on 1st of April 2024. The tender was carried out using the Open procedure using the Council's capitalEsourcing portal. The Contract Award Criteria was based on the technical specification, which invited bidders to provide policy coverage and claims handling requirements. The Contract Notice was published on 19th of January 2024 and open for 30 days and closed on 19th of February 2024.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/012721-2024 |
| 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 | 18 Apr 2024 |
| Submission deadline | 19 Feb 2024 |
| Future notice date | Not specified |
| Award date | 4 Mar 2024 |
| Contract period | 31 Mar 2024 - 31 Mar 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £100,000,000 |
| Lots value | £100,000,000 |
| Awards value | Not specified |
| Contracts value | £18,143,300 |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | THE ROYAL BOROUGH OF KENSINGTON AND CHELSEA |
| Locality | LONDON |
| Post town | West London |
| Postcode | W8 7NX |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI33 Kensington & Chelsea and Hammersmith & Fulham |
| Local authority | Kensington and Chelsea |
| Electoral ward | Campden |
| Westminster constituency | Kensington and Bayswater |
| Delivery location | TLI London |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PROTECTOR FORSIKRING |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66510000 - Insurance services
- 66515200 - Property insurance services

## Release History

- 18 Apr 2024 at 15:47 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/012721-2024
- 18 Apr 2024 at 13:23 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/012686-2024
- 18 Jan 2024 at 15:44 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/001799-2024

## Notice URLs

- http://www.capitalesourcing.com
- http://www.gov.uk/government/publications/public-procurement-review-service-scope-and-remit
- http://www.rbkc.gov.uk
- http://www.rbkc.gov.uk/business-and-enterprise/business-opportunities-and-procurement/procurement-borough

## 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-042e48. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-042e48.json.