Published date: 19 March 2020

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


Closing: 13 December 2019

Contract summary

Industry

  • Damage or loss insurance services - 66515000

  • Property insurance services - 66515200

Location of contract

GU7 1HR

Value of contract

£200,000 to £250,000

Procurement reference

WAV - 029244 - AWARD

Published date

19 March 2020

Closing date

13 December 2019

Contract start date

1 April 2020

Contract end date

31 March 2023

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 current Long Term Agreement expires on 31st March 2020. Waverley Borough Council invites bids 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. The dwellings are flats in blocks and flats in houses (maisonettes) where the Council still retain the freehold ownership and the leases state that the Council, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the Service Charge. Other flats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover for these flats are not required.

In addition there are a small number of houses under Shared Ownership where Waverley Borough Council is responsible for the insurance arrangements although the premiums are re-charged to the residents. Separate policies are required for the Leasehold properties and Shared Ownership portfolios. Cover is expected to commence at 00.01am on the 1st April 2020

Award information

Awarded date

9 March 2020

Contract start date

1 April 2020

Contract end date

31 March 2023

Total value of contract

£207,343.50

This contract was awarded to 1 supplier.

Avid Insurance Service

Address

20 St Dunstabs Hill, United Kingdom, EC3R 8HL

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Patrick Tuite (WAV)

Address

Godalming
Godalming
Surrey
GU7 1HR
United Kingdom

Telephone

01483 523149

Email

patrick.tuite@waverley.gov.uk

Website

www.waverley.gov.uk