Find a TenderAwarded without competition
Published 1 May 2026, 15:07 BST

Official UK procurement notice

Leasehold Insurance · UK public procurement notice

Official notice

Authority: South Tyneside Council (Local council)

ServicesAward procedure without prior publication of a call for competition
Awarded value£135,677published contract · exc. VAT
Awarded 26 Mar 2026no call for competition
Awarded to The Aspen Group of companies (Aspen) is part of the Sompo Group

What is being bought

Published requirement description

The current Long Term Agreement expires on 31st March 2026. South Tyneside 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 South Tyneside still retain the freehold ownership and in some case the leases may state that South Tyneside 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 Mortgaged Properties i.e. properties for which the mortgage was granted by the Contracting Authority.

Cover is expected to commence at 00.01am on the 1st April 2026

CPV: Financial and insurance services

The lotProcurement structure

single lot · no lot value published

Procedure terms & legal framework

From the official record
Procedure method
Award procedure without prior publication of a call for competition
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded without competition
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Direct award (no call for competition)
GPA / WTO covered
Yes (GPA)
Recurring procurement
Unspecified in notice
First published
1 May 2026, 15:07 BST
Last source update
1 May 2026, 15:07 BST
Authority reference
F8076
FTS notice number
2026/S 000-040643
Classification (CPV)
Financial and insurance services
Delivery area
North East (UKC)North West (UKD)Yorkshire & Humber (UKE)East Midlands (UKF)West Midlands (UKG)East of England (UKH)London (UKI)South East (UKJ)
+1 moreSouth West (UKK)
Official registry OCID
ocds-h6vhtk-06908c Find a Tender
Why no open competition
The procurement falls outside the scope of application of the directive
Published justification

Further Competition via YPO Insurance Placement DPS Ref. No: 001198

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £135,6771 contract exc. VAT
Bids received 4
Contracts signed 1latest 26 Mar 2026
Awarded toValueDateStatus
The Aspen Group of companies (Aspen) is part of the Sompo Group£135,677 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
4bids———

Contracting authority & participating public bodies

South Tyneside Borough Council

Contracting authorityLocal CouncilRegional or local authorityGeneral public services Town Hall and Civic Offices, Westoe Road, South Shields, North East, NE332RLContact name, email

Dispute resolution & review bodies

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.