Published date: 5 April 2018

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 25 September 2017

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


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 7JZ

Reference

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

Email

Sam.Robson@southwark.gov.uk

Website

http://www.southwark.gov.uk