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Official procurement procedure

Property Insurance Quotations in respect of LeaseholdRight to Buy Properties, Domestic Leasehold Properties and Seaside CommunityHomes excluding Broker Services

Financial and insurance services
South East (UKJ)
Published value
£3,150,000
Submission deadline 1 Dec 2023, 12:00 GMT
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Brighton & Hove City Council: "Property Insurance Quotations in respect of LeaseholdRight to Buy Properties, Domestic Leasehold Properties and Seaside CommunityHomes excluding Broker Services". Published status: active. Published value: £3,150,000. 1 published lot. Recorded submission deadline: 1 Dec 2023, 12:00 GMT. See the official notice for participation instructions.
Contracting AuthorityBrighton & Hove City CouncilScope & CategoriesNot publishedSubmission Window
Closed
1 Dec 2023, 12:00 GMT
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£3,150,000
Bidder Intelligence · Authority Profile: Brighton & Hove City Council
Market Analytics
View Authority Profile →
Derived from OCDS awards & bid statistics
Published history for Brighton & Hove City Council. 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
10.3Bids / Report
63.5% 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: 97 active published awards; 74 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 Unpublished data stays unknown.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 AuthorityBrighton & Hove City Council
Procedure methodNot published
Procurement categoryNot published
Statusactive
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published26 Oct 2023, 13:48 BST
Last source update26 Oct 2023, 13:48 BST
Recurring procurementYes
ClassificationFinancial and insurance services
Delivery area
South East (UKJ)
OCIDocds-h6vhtk-040f45
What is being bought
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. 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
What changed
From the official release history
  1. Published value updated to £3,150,000
    26 Oct 2023, 13:48 BST
  2. Status changed to active
    26 Oct 2023, 13:48 BST
  3. Official notice release published
    26 Oct 2023, 13:48 BST
  4. Submission deadline changed to 1 Dec 2023, 12:00 GMT
    26 Oct 2023, 13:48 BST
  5. Buyer information updated
    26 Oct 2023, 13:48 BST
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published value£3,150,000
    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. 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
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    26 Oct 2023, 13:48 BST
  2. Submission deadline
    1 Dec 2023, 12:00 GMT
Commercial outcome and competition
AwardsNo award published
ContractsNo contract published
Bid statisticsNo aggregate bid statistics published
Buyer and organisations in this procedure

Brighton & Hove City Council

Contracting authority GB-FTS-8755
View buyer profile
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published