Published date: 5 April 2018
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Property insurance services - 66515200
Location of contract
London
Value of contract
£18,000,000
Procurement reference
SOUTHWARK-DN292764-85110529
Published date
5 April 2018
Closing date
25 September 2017
Contract start date
1 April 2018
Contract end date
1 April 2021
Contract type
Service contract
Procedure type
Open procedure
Any interested supplier may submit a tender in response to an opportunity notice.
Contract is suitable for SMEs?
No
Contract is suitable for VCSEs?
No
Description
The leaseholders and ancillary properties buildings insurance contract relates to flats and maisonettes sold by the council under long lease terms. There are three separate policies within the contract covering:
• The main policy where flats have been sold (under the Right to Buy scheme or through other disposals e.g. auction sales, social home buy)
• A policy to insure under-leased blocks on a comprehensive basis (there are currently three)
• A much smaller policy relating to mortgaged housing properties - currently 1 property - where the council is still providing a mortgage
More information
Links
Award information
Awarded date
16 March 2018
Contract start date
1 April 2018
Contract end date
31 March 2023
Total value of contract
£21,000,000
This contract was awarded to 1 supplier.
Zurich Municipal
Address
Zurich Insurance PLC
The Zurich Centre
3000 Parkway
Whiteley
Fareham
Hampshire
PO15 7JZReference
None
Supplier is SME?
No
Supplier is VCSE?
No
About the buyer
Contact name
Sam Robson
Address
Southwark Council
160 Tooley Street
London
SE1 2QH
England
Telephone
+44 20752555770
Website
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Closing: 25 September 2017
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