Further Competition Under Insurance Placement DPS 978 for The London Borough of Sutton and their appointed Insurance Broker - Marsh

A Contract Award Notice
by SUTTON COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
not specified
Value
£2M
Sector
BUSINESS
Published
19 Apr 2023
Delivery
not specified
Deadline
n/a

Concepts

Location

United Kingdom:

Geochart for 1 buyers and 1 suppliers

1 buyer

1 supplier

Description

The Contracting Authority is tendering their Right to Buy (RTB) Leasehold Buildings Insurance in line with public procurement legislation in time for renewal on 1 April 2023. The insurance policy seeks to cover private dwellings sold on a leasehold basis, the majority of which were sold under the RTB legislation. The dwellings are flats in blocks, flats in houses (maisonettes) and houses where the Contracting Authority still retains the freehold ownership (including those referred to as mortgaged properties). In these situations the leases state that the Contracting Authority, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the cost to do so. Where units in some blocks have not been sold (Council tenanted) they are separately covered and so insurance cover for these units is not required.

Total Quantity or Scope

Further Competition Under Insurance Placement DPS 978 for The London Borough of Sutton and their appointed Insurance Broker - Marsh

Award Detail

1 Protector Insurance (Manchester)
  • Protector Insurance
  • Reference: 011217-2023-1-1
  • Value: £1,822,355

Award Criteria

Claims Handling 15
Policy Cover 15
Social Value 10
price 60

CPV Codes

  • 66510000 - Insurance services
  • 66000000 - Financial and insurance services

Other Information

** PREVIEW NOTICE, please check Find a Tender for full details. **

Reference

Domains