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Official procurement procedure

WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services

Financial and insurance services
South East (UKJ25)
Published value
£490,000
Submission deadline 29 Nov 2024, 12:00 GMT
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Waverley Borough Council: "WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services". Published status: active. Published value: £490,000. 1 published lot. Recorded submission deadline: 29 Nov 2024, 12:00 GMT. See the official notice for participation instructions.
Contracting AuthorityWaverley Borough CouncilScope & CategoriesNot publishedSubmission Window
Closed
29 Nov 2024, 12:00 GMT
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)£490,000
Bidder Intelligence · Authority Profile: Waverley Borough Council
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for Waverley Borough 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
Not availableNo published reports
Bid counts are not published for this buyer
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: 0 active published awards; 0 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 Unpublished data stays unknown.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 AuthorityWaverley Borough 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
Published29 Oct 2024, 16:46 GMT
Last source update29 Oct 2024, 16:46 GMT
Recurring procurementYes
ClassificationFinancial and insurance services
Delivery area
South East (UKJ25)
OCIDocds-h6vhtk-04b25c
What is being bought
The Contracting Authority (Waverley 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. Please go to https://www.sesharedservices.org.uk/esourcing and search for tender name (WAV - 038111 - Property Insurance for Leasehold Properties and Shared Owner Properties excluding Broker Services or reference number (038111). The dwellings are flats in blocks and flats in houses (maisonettes) where the Contracting Authority still retain the freehold ownership and in some case the leases may state that the Contracting Authority, 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 duration 3 yrs+optional 2yr
What changed
From the official release history
  1. Published value updated to £490,000
    29 Oct 2024, 16:46 GMT
  2. Status changed to active
    29 Oct 2024, 16:46 GMT
  3. Official notice release published
    29 Oct 2024, 16:46 GMT
  4. Submission deadline changed to 29 Nov 2024, 12:00 GMT
    29 Oct 2024, 16:46 GMT
  5. Buyer information updated
    29 Oct 2024, 16:46 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    active
    Published valueNot published
    The Contracting Authority 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 Contracting Authority still retain the freehold ownership and in some case the leases may state that the Contracting Authority, 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 Oct 2024, 16:46 GMT
  2. Submission deadline
    29 Nov 2024, 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

Waverley Borough Council

Contracting authority GB-FTS-128606
View buyer profile
Documents (1)
Official links; attachments are not copied

  • technicalSelectionCriteria

    tender
    technicalSelectionCriteria
Related procedures (0)
No data
No related procedures published