GBC- 038173 Guildford Borough Council-Property Insurance - (Leasehold / Right to Buy) Services Tender
Estimated value
£500k
Awarded value
—
Suppliers
0
Lots
1
Published
04 Dec 2024
Description
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 (.
Scope
- Reference
- IT-234-38173-GBC - 038173
- Total value
- £500,000 excluding VAT
- Commercial tool
- Standalone contract
- Contract dates
- 31 Mar 2025 to 31 Mar 2028
- CPV classifications
- 66000000
Submission & procedure
- Submission deadline
- 08 Jan 2025, 12:00 pm