Expired contract

Leasehold Right to Buy Insurance - AWARD

Details

Supplier(s)
Zurich Municipal
Value
GBP 527,000
Duration
5 years
Topic
Insurance services
Published
16 December 2020

Tender description

The current Long-Term Agreement expires on 1st April 2021, Sandwell Metropolitan 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 Housing Act 1985. 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 are not required

Timeline

  1. Completed: Award published16 December 2020
    Current notice
  2. Completed: Award date1 April 2021
  3. Completed: Contract expiry date31 March 2026

About the buyer

Sandwell Metropolitan Borough Council is a public sector buyer in United Kingdom publishing tenders and awards on Stotles. Explore their procurement activity and find more opportunities like this one.

Relevant CPV codes

  • 66510000 · Insurance services

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