Official UK procurement notice
Property Insurance Quotations in respect of LeaseholdRight to Buy Properties, Domestic Leasehold Properties and Seaside CommunityHomes excluding Broker Services
Authority: Brighton and Hove City Council (Local council)
Brighton & Hove City Council invites bids for the provision of its property insurance in respect of private dwellings sold on aleasehold basis; the majority of these were under the Right To Buy (RTB) legislation. The dwellings are fl ats in blocks and fl ats inhouses (maisonettes) where the Council still retain the freehold ownership and the leases state that the Council, as theFreeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the ServiceCharge. Other fl ats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover forthese fl ats is not required. Property insurance is also required for those properties in the ownership of Brighton & Hove Seaside Community Homes, acharity with whom the Council has 100% nomination rights.
What is being bought
Published requirement descriptionBrighton & Hove City Council invites bids for the provision of its property insurance in respect of private dwellings sold on aleasehold basis; the majority of these were under the Right To Buy (RTB) legislation. The dwellings are fl ats in blocks and fl ats inhouses (maisonettes) where the Council still retain the freehold ownership and the leases state that the Council, as theFreeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the ServiceCharge. Other fl ats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover forthese fl ats is not required.
Property insurance is also required for those properties in the ownership of Brighton & Hove Seaside Community Homes, acharity with whom the Council has 100% nomination rights.
Three portfolios of properties make up this Tender all of which are included under the same lot, however three separate policieswill be required from the successful bidder.
Leasehold Right to Buy Properties and Domestic Leasehold Properties (Formerly known as Domestic Leasehold Flats)
The Leasehold Right to Buy Properties policy is currently written on a sum insured basis as is the Domestic Leasehold Propertiespolicy. The Council are seeking tender submissions for two separate policies, which will be awarded jointly and cover willcommence at 00.01 on the 1st April 2024
CPV: Financial and insurance services
The lotProcurement structure
single lot · value publishedLot #1RenewalPublished value£3,150,000
Procedure terms & legal framework
From the official record- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Closed
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Yes
- First published
- 26 Oct 2023, 13:48 BST
- Last source update
- 26 Oct 2023, 13:48 BST
- Award evaluation window
- 1 Dec 2023 – …
- Authority reference
BHCC - 037041- FTS notice number
2023/S 000-031625- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-040f45Find a Tender
How it was run
Official notice- Submission deadline
- 1 Dec 2023, 12:00 GMT
- Submission channel
- {"electronicSubmission"}
- Accepted languages
- en
- Bids opened
- 1 Dec 2023, 13:00 GMT
Timeline
26 Oct 2023 → 1 Dec 2023 · 3 dates- Notice published26 Oct 2023, 13:48 BST
- Submission deadline1 Dec 2023, 12:00 GMT
- Bids opened1 Dec 2023, 13:00 GMT
Contracting authority & participating public bodies
Dispute resolution & review bodies
- UK Law CourtsReview body
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.