Published date: 16 January 2018

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


Closing: 4 December 2017

Contract summary

Industry

  • Research and development services and related consultancy services - 73000000

Location of contract

London

Value of contract

£50,000 to £70,000

Procurement reference

C1117 Transition Insurance Project Manager

Published date

16 January 2018

Closing date

4 December 2017

Contract start date

20 December 2017

Contract end date

31 July 2018

Contract type

Service contract

Procedure type

Single tender action (below threshold)

A direct contract with a single supplier, without competition.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

Yes

Description

Local authorities have identified the key causes of increasing numbers of homeless households as rising house prices, rent increases and unaffordable deposits. In London, 2 in 5 households (39%) state loss of a short hold tenancy as the primary reason they have approached the council for help. This, combined with the additional requirements from the Homelessness Reduction Act 2017, has led to councils considering effective methods to prevent the risk of homelessness.
The aim of the 'Transition insurance' concept is to establish an insurance scheme for rental deposits, providing a guarantee of the availability of funds to:
1) Transfer deposits between properties hence reducing the risk of a household reaching a point of crisis.
2) Cover the cost of repairs by a landlord to a rental property.

More information

Previous notice about this procurement

C1117 Transition Insurance Project Manager

  • Opportunity
  • Published 21 November 2017, last edited 21 November 2017

Attachments

Additional text

20/11/17 Update to closing date

Award information

Awarded date

19 December 2017

Contract start date

20 December 2017

Contract end date

31 July 2018

Total value of contract

£70,000

This contract was awarded to 1 supplier.

EY ERNST & YOUNG

Address

1 More London Place, London, SE1 2AF

Reference

Companies House number: OC300001

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Sorcha Rooney

Address

London Councils
59½ Southwark Street
London
SE1 0AL
England

Email

Sorcha.Rooney@londoncouncils.gov.uk