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Official procurement procedure

Property Insurance: Leasehold Flats, Shared Ownership and Mortgaged Properties

Insurance services
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: London Borough of Hackney: "Property Insurance: Leasehold Flats, Shared Ownership and Mortgaged Properties". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityLondon Borough of HackneyScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: London Borough of Hackney
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for London Borough of Hackney. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
7.8Bids / Report
22.2% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 90 active published awards; 90 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Procedure terms
Contracting AuthorityLondon Borough of Hackney
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published29 May 2024, 11:25 BST
Last source update29 May 2024, 11:25 BST
Recurring procurementNot published
ClassificationInsurance services
Delivery area
OCIDocds-h6vhtk-03fb9c
What is being bought
Provision property insurance in respect of private dwellings sold on a leasehold basis, cover includes mortgaged properties and some shared ownership where the Council has agreed to continue the insurance arrangements.
What changed
From the official release history
  1. Status changed to complete
    29 May 2024, 11:25 BST
  2. Official notice release published
    29 May 2024, 11:25 BST
  3. Submission deadline changed to published date
    29 May 2024, 11:25 BST
  4. Status changed to active
    11 Sept 2023, 10:25 BST
  5. Official notice release published
    11 Sept 2023, 10:25 BST
  6. Submission deadline changed to 16 Oct 2023, 12:00 BST
    11 Sept 2023, 10:25 BST
  7. Buyer information updated
    11 Sept 2023, 10:25 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Provision property insurance in respect of private dwellings sold on a leasehold basis, cover includes 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 in some case the leases may 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.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    29 May 2024, 11:25 BST
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 1 Apr 2024, 00:00 BST · £23,059,935
Commercial outcome and competition
Awards
Protector Insurance
Not published · Not published · active
Contracts
Contract
£23,059,935 · signed 1 Apr 2024, 00:00 BST · active
Bid statistics
bids: 2 (lot 1)
electronicBids: 2 (lot 1)
foreignBidsFromEU: 0 (lot 1)
foreignBidsFromNonEU: 0 (lot 1)
smeBids: 1 (lot 1)
Buyer and organisations in this procedure

London Borough of Hackney

Contracting authority GB-FTS-18547
View buyer profile
  • London Borough of Hackney
    buyer

    Hackney Service Centre, 1 Hillman Street, Hackney, UKI41, E8 1DY
    +44 2083563000
  • Protector Insurance
    supplier

    7th Floor 3 Hardman Street, Manchester, UKI41, M3 3HF
    +44 7773170648
  • Royal Courts of Justice
    reviewBody

    Strand, London, London, WC2A 2LL
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published