Insurance Tender - Leasehold Buildings Lot 9 Awards 2024-2029

Royal Borough of Kensington and ChelseacontractFind a TenderRef ocds-h6vhtk-042e4832014L0024active
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Estimated value

services

Awarded value

Suppliers

1

Lots

1

1 awarded

Published

18 Apr 2024

Description

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.

Scope

Reference
ocds-h6vhtk-042e48
Commercial tool
Standalone contract
Main category
services
CPV classifications
66510000
Contract locations
London

Award criteria

Criteria the buyer will use to evaluate bids.

NameDescriptionTypeWeighting
Price60%quality
Policy Coverage /Specification10%quality
Claims Provision / Service10%quality
Added Value10%quality
Social Value10%quality
100%price

Submission & procedure

Procedure
Open procedure

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

Award date

Contract start

Contract end