Published date: 23 April 2021

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


Closing: 16 September 2020, 1pm

Contract summary

Industry

  • Insurance services - 66510000

Location of contract

United Kingdom

Value of contract

£10,000,000

Procurement reference

HACK001-DN490819-22229830

Published date

23 April 2021

Closing date

16 September 2020

Closing time

1pm

Contract start date

1 April 2021

Contract end date

31 March 2024

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 31 March 2021. The London Borough of Hackney
invites bids for the provision of its property insurance in respect of private dwellings sold on a
leasehold basis (the majority of these were sold under the Right to Buy (RTB) legislation). In
addition, cover is to include mortgaged properties and some shared ownership where the
Council has agreed to continue the insurance arrangements.
The dwellings can include houses and bungalows but are generally flats in blocks and flats in
houses (maisonettes) where the council retains the freehold ownership and the lease states that
the council, as freeholder, will arrange the buildings insurance on behalf of the leaseholder. The
premium is to be re-charged by the Council as part of the annual service charge. It should be
noted that other flats in the same block (or blocks) may not have been sold and remain council
owned and tenanted, these properties are insured separately of this insurance arrangement.

More information

Links

Award information

Awarded date

22 March 2021

Contract start date

1 April 2021

Contract end date

31 March 2024

Total value of contract

£2,269,444.46

This contract was awarded to 1 supplier.

Oaso SA

Address

3rd Floor 12 Appold Street Hackney London EC2A 2AW

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Jacqueline Rutherford

Address

The Annexe
2 Hillman Street
Hackney
E8 1DY
England

Telephone

+44 2083565454

Email

jacqueline.rutherford@hackney.gov.uk

Website

http://www.hackney.gov.uk