Published date: 16 December 2020

Last edited date: 7 January 2021

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


Closing: 30 November 2020, 12pm

Contract summary

Industry

  • Insurance services - 66510000

Location of contract

B69 3DB

Value of contract

£448,000 to £560,000

Procurement reference

SMBC 20080 - AWARD

Published date

16 December 2020

Closing date

30 November 2020

Closing time

12pm

Contract start date

1 April 2021

Contract end date

31 March 2026

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 1st April 2021, Sandwell Metropolitan 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 Housing Act 1985. 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

Award information

Awarded date

7 January 2021

Contract start date

1 April 2021

Contract end date

31 March 2026

Total value of contract

£527,000

This contract was awarded to 1 supplier.

Zurich Insurance Plc

Address

126 Hagley Road, United Kingdom, B16 9PF

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Michelle Hackwood

Address

Freeth Street
Oldbury
West Midlands
B69 3DB
United Kingdom

Telephone

0121 569 2873

Email

michelle_hackwood@sandwell.gov.uk