--- title: "GBC - 038173 Guildford Borough Council-Property Insurance - (Leasehold / Right to Buy) Insurance Services Tender" ocid: "ocds-h6vhtk-04c227" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c227" markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c227.md" json_url: "https://d3tenders.com/contract/ocds-h6vhtk-04c227.json" source: "Find A Tender Service" current_stage: "Tender" buyer: "GUILDFORD BOROUGH COUNCIL" published: "2024-12-04" --- # GBC - 038173 Guildford Borough Council-Property Insurance - (Leasehold / Right to Buy) Insurance Services Tender Buyer: GUILDFORD BOROUGH COUNCIL Current stage: Tender OCID: ocds-h6vhtk-04c227 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-04c227) [Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-04c227.json) ## Summary Guildford Borough Council has initiated a tender process for the provision of property insurance services, specifically for private dwellings sold on a leasehold basis under the Right to Buy (RTB) legislation. This tender, catalogued under the reference GBC - 038173, pertains to the financial and insurance services industry. The procurement process is currently in the tender stage, with key dates including the bid submission deadline on 8th January 2025 and a subsequent bid opening on the same day. The contract will span an initial period of three years, with an option for a two-year extension, covering flats in blocks and maisonettes located in the UK region of Guildford. The overall value of the contract is estimated at GBP 500,000. This tender offers significant opportunities for businesses specialising in financial and insurance services, particularly those with experience in property insurance for leasehold properties. Firms adhering to the required economic criteria, such as holding a credit rating above CCC as per Standard & Poor's, are well-suited to compete. Winning this contract can provide sustained business growth over the potential five-year period. Interested companies should ensure they are registered on the SE Shared Services portal to access the tender documents and submit their bids electronically by the specified deadline. ## Notice The current Long-Term Agreement expires on 31st March 2025. The Contracting Authority (Guildford 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 (GBC- 038173 Guildford Borough Council-Property Insurance - (Leasehold / Right to Buy) Services Tender) or reference number (038173).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 flat. ### Lot Information Lot 1 The current Long-Term Agreement expires on 31st March 2025. The Contracting Authority (Guildford 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 (GBC- 038173 Guildford Borough Council-Property Insurance - (Leasehold / Right to Buy) Services Tender) or reference number (038173).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 flat. The project will be awarded for initial period of 3 years with optional 2-year extension. Additional information: To access the tender please log in (or register and log in) to the following link: https://www.in-tendhost.co.uk/sesharedservices/aspx/HomePlease search for project name GBC- 038173 Guildford Borough Council-Property Insurance - (Leasehold / Right to Buy) Services Tender) or reference number (038173). Renewal: Contract duration is initial 3 years with optional two years extension (covered through one or more extensions to a maximum total contract period of 5 years). ## Key Details | Field | Value | | --- | --- | | Publication source | Find A Tender Service | | Latest notice | https://www.find-tender.service.gov.uk/Notice/039056-2024 | | 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 | 4 Dec 2024 | | Submission deadline | 8 Jan 2025 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | Not specified | | Recurrence | 2027 or 2029 | ## Values | Field | Value | | --- | --- | | Tender value | £500,000 | | Lots value | £500,000 | | 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 | GUILDFORD BOROUGH COUNCIL | | Locality | Not specified | | Post town | Not specified | | Postcode | Not specified | | Country | Not specified | | ITL 1 | Not specified | | ITL 2 | Not specified | | ITL 3 | Not specified | | Local authority | Not specified | | Electoral ward | Not specified | | Westminster constituency | Not specified | | Delivery location | TLJ25 West Surrey | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66000000 - Financial and insurance services ## Release History - 4 Dec 2024 at 12:47 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/039056-2024 ## Notice URLs - https://www.guildford.gov.uk/ - https://www.in-tendhost.co.uk/sesharedservices/aspx/Home - https://www.in-tendhost.co.uk/sesharedservices/aspx/HomePlease - https://www.sesharedservices.org.uk/esourcing ## 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-04c227. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-04c227.json.