--- title: "WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services" ocid: "ocds-h6vhtk-04b25c" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04b25c" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04b25c.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04b25c.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "WAVERLEY BOROUGH COUNCIL" published: "2024-10-29" --- # WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services Buyer: WAVERLEY BOROUGH COUNCIL Current stage: Tender OCID: ocds-h6vhtk-04b25c [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04b25c) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04b25c.json) ## Summary Waverley Borough Council is inviting bids for the provision of property insurance services specifically for leasehold properties and shared owner properties, excluding broker services. This tender falls under the industry category of Financial and Insurance Services (CPV: 66000000). The procurement process is at the tender stage and follows an open procedure. The contract duration is set for three years with an optional renewal of two years. The submission deadline is 29 November 2024, with an award period starting the same day. The properties are located within the region of UKJ25, covering Surrey, United Kingdom. The total contract value is approximately £490,000 GBP. This tender offers excellent opportunities for insurance companies looking to expand their portfolio in the public sector, particularly those specialising in property insurance. Businesses with experience in providing comprehensive insurance solutions to local authorities and meeting the specified financial criteria are well-suited to compete. The winning bidder will benefit from a stable, long-term contract and the opportunity to establish a working relationship with Waverley Borough Council, a regional authority. The tender allows for electronic and written submissions, making it accessible for various businesses to participate. ## Notice The Contracting Authority (Waverley Borough Council) 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. Please go to https://www.sesharedservices.org.uk/esourcing and search for tender name (WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services or reference number (038111). 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. Contract duration 3 yrs+optional 2yr ### Lot Information Lot 1 The Contracting Authority 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. Renewal: Contract will be subject to renewal subject to decision of the Waverley Council ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/035085-2024 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 29 Oct 2024 | | Submission deadline | 29 Nov 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | 2027 or 2029 | ## Values | Field | Value | | --- | --- | | Tender value | £490,000 | | Lots value | Not specified | | 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 | WAVERLEY BOROUGH COUNCIL | | Locality | SURREY | | Post town | Guildford | | Postcode | GU7 1HR | | Country | England | | ITL 1 | TLJ South East (England) | | ITL 2 | TLJ2 Surrey, East and West Sussex | | ITL 3 | TLJ25 West Surrey | | Local authority | Waverley | | Electoral ward | Godalming Central & Ockford | | Westminster constituency | Godalming and Ash | | Delivery location | TLJ25 West Surrey | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services ## Release History - 29 Oct 2024 at 16:46 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/035085-2024 ## Notice URLs - https://www.in-tendhost.co.uk/sesharedservices/aspx/Home - https://www.in-tendhost.co.uk/sesharedservices/aspx/HomePlease - https://www.sesharedservices.org.uk/esourcing - https://www.sesharedservices.org.uk/esourcingIf - https://www.waverley.gov.uk/site/ ## 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-04b25c. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04b25c.json.