Property Insurance: Leasehold Flats, Shared Ownership and Mortgaged Properties
Details
- Topic
- Insurance services
- Published
- 11 September 2023
- Submission
- 16 October 2023
- Source
- uk:procontracts
Tender description
The current policy contract expires on 31 March 2023. The London Borough of Hackney 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. In addition, cover is to include mortgaged properties and some shared ownership where the Council has agreed to continue the insurance arrangements. The dwellings can include houses and bungalows but are generally flats in blocks and flats in houses (maisonettes) where the Council retains the freehold ownership and in some case the leases may 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. Other flats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover for these flats are not required. At the discretion of the council, there shall be an option to extend this contract for up to 24 months. Cover is expected to commence at 00.01am on the 1st April 2024. Keywords: Insurance
Timeline
- Completed: Tender published11 September 2023Current notice
- Completed: Submission date16 October 2023
About the buyer
London Borough of Hackney is a local authority that buys through its own procurement team, the Hackney Procurement Centre. Contract opportunities are advertised on ProContract, the council's eTendering system. Registration on ProContract is free, though every supplier is manually vetted before approval. Larger contracts also appear on Find a Tender, and suppliers bidding nationally must register on the government's central digital platform under the Procurement Act 2023. A public contracts register lists every agreement the council has awarded. Suppliers registered on ProContract can also bid for further London authority and public sector contracts.
UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).
Over the past 5 years, most of London Borough of Hackney's contract awards have been in construction work, architectural and engineering services and health and social work.
Relevant CPV codes
- 66510000 · Insurance services
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@london-borough-of-hackney.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@london-borough-of-hackney.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@london-borough-of-hackney.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@london-borough-of-hackney.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@london-borough-of-hackney.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@london-borough-of-hackney.gov |
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