Published date: 18 April 2023
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Insurance services - 66510000
Location of contract
North East
Value of contract
£630,000
Procurement reference
DN632858 ITT
Published date
18 April 2023
Closing date
20 January 2023
Closing time
12pm
Contract start date
1 April 2023
Contract end date
31 March 2026
Contract type
Service contract
Procedure type
Open procedure (above threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements above the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
Description
Gateshead Council has awarded a contract 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.
Cover commenced at 00.01am on the 1st April 2023.
More information
Previous notice about this procurement
Contract for Leaseholders Property Insurance
- Opportunity
- Published 17 November 2022, last edited 22 December 2022
Award information
Awarded date
30 March 2023
Contract start date
1 April 2023
Contract end date
31 March 2026
Total value of contract
£1,411,004.59
This contract was awarded to 1 supplier.
PROTECTOR INSURANCE
Address
3 Hardman Street
MANCHESTER
M3 3HF
GBReference
Companies House number: FC033034
Value of contract
£1,411,004.59
Supplier is SME?
No
Supplier is VCSE?
No
Additional details
-
The tendered price submitted by the successful supplier was based on the first 12 month period of the contract. In order to arrive at a total awarded contract value the Council has added an additional 10% to the value of each subsequent year of the contract to cover inflation and premium increases.
About the buyer
Contact name
Hannah Millar
Address
Regent Street
Gateshead
NE81HH
England
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Closing: 20 January 2023, 12pm
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