Published date: 19 March 2024

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


Closing: 23 November 2023, 12pm

Contract summary

Industry

  • Property insurance services - 66515200

Location of contract

South East

Value of contract

£575,000

Procurement reference

WOKHM001-DN695526-74402446

Published date

19 March 2024

Closing date

23 November 2023

Closing time

12pm

Contract start date

1 April 2024

Contract end date

31 March 2029

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

Wokingham 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. 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 shared ownership properties, being a mix of houses, maisonettes and flats.

More information

Previous notice about this procurement

Property Insurance of Leasehold Flats and Shared Ownership Properties excluding Broker Services

  • Opportunity
  • Published 19 October 2023

Links

Award information

Awarded date

19 March 2024

Contract start date

1 April 2024

Contract end date

31 March 2027

Total value of contract

£395,766

This contract was awarded to 1 supplier.

Aspen Insurance UK Limtied

Address

EC3M 3BD

Reference

None

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Joanne Jennings

Address

Civic Offices
Shute End
Wokingham
RG40 1BN
United Kingdom

Telephone

+441182379708

Email

Joanne.Jennings@wokingham.gov.uk

Website

http://www.wokingham.gov.uk