Insurance services

Tender description

Brighton and Hove City 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 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. The Council is seeking a 3 year long term agreement with the option to extend for a further 2 years i.e. 3 + 2, for the provision of insurance in respect of leasehold right to buy and domestic leasehold flats (excluding broking services) following the open procedure. The Council are seeking a 5 year long term agreement with the option to extend for a further 2 years i.e. 5 + 2 for the provision of insurance in respect of Brighton and Hove Seaside Community Homes Properties (excluding broking services) following the open procedure.