Published date: 18 April 2024

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


Closing: 19 February 2024, 12pm

Contract summary

Industry

  • Insurance services - 66510000

Location of contract

W8 7NX

Value of contract

£14,832,860

Procurement reference

tender_386941/1345126

Published date

18 April 2024

Closing date

19 February 2024

Closing time

12pm

Contract start date

1 April 2024

Contract end date

2 April 2029

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?

No

Contract is suitable for VCSEs?

No

Description

The Royal Borough of Kensington & Chelsea (RBKC) has awarded an insurance tender -
Residential Leasehold Buildings Lot 2 2024-2029 contract to Protector Insurance (Company No: FC033034) for the
delivery of Residential Leasehold Buildings insurance.

The tender was carried out using the Open procedure using the Council's capitalEsourcing
portal. The Contract Notice was published on 19th of January 2024 and open for 30 days and
closed on 19th of February 2024.

The contract will be established for an initial duration of five-year arrangement, premiums
are not fixed by the insurers as they will be subject to annual index linking to reflect the
current inflation at that time. This ensures the Councils' assets are adequately insured and
not subject to under-insurance.

Award information

Awarded date

4 March 2024

Contract start date

1 April 2024

Contract end date

2 April 2029

Total value of contract

£14,832,860

This contract was awarded to 1 supplier.

Protector Forsikring ASA

Address

7th Floor, 3 Hardman Street, Manchester, M3 3HF, UNITED KINGDOM

Reference

No reference - other

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Address

Royal Borough of Kensington and Chelsea
Hornton Street London
W8 7NX
England

Email

procurement@rbkc.gov.uk