Leasehold Flat Buildings Insurance

Tender description

Important information - PLEASE READ Suppliers interested in this opportunity should express their interest by clicking on the ‘login and register interest’ button below. New users to the system must register first to obtain a user name and password before returning to this opportunity. Please refer to the suppliers guide ‘Visiting Site for the First Time’ by clicking the ‘Help’ button. Once suppliers have expressed their interest they can access the procurement documentation from ‘My Opportunities’ on the home page. Bournemouth 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. The current Long Term Agreement expires on 31st March 2016. 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. Other flats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover for these flats is not required. Some of the properties included in this invitation to tender are shared ownership properties (currently two), where the Council is part-owner under the shared ownership scheme. The Council may also look to include properties in the future where they have a Mortgage interest (currently none included). The deadline for submitting your response is the Monday 11 January 2016 at 14:00. Please express an interest in the opportunity in order to submit a response through www.supplyingthesouthwest.org.uk Keywords: insurance, leasehold, buildings, chartered, shared