Awarded contract

Published

Leasehold Insurance Tender excluding Broker Services

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Value

2,345,000 GBP

Current supplier

Protector Forsikring ASA

Description

Contract for the provision of property insurance in respect of private dwellings sold on a leasehold basis, the majority of these were under the Right To Buy (RTB) legislation Housing Act 1985. The dwellings are flats in blocks and flats in houses (maisonettes) where the Council still retain the freehold ownership and the leases state that the Council, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the Service Charge.

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