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Published date: 26 September 2024
Open opportunity - This means that the contract is currently active, and the buying department is looking for potential suppliers to fulfil the contract.
Property insurance services - 66515200
England
£1,875,000 to £2,125,000
HARROW001-DN737348-07552244
26 September 2024
28 October 2024
12pm
1 April 2025
31 March 2028
Service contract
Open procedure (above threshold)
Any interested supplier may submit a tender in response to an opportunity notice.
This procedure can be used for procurements above the relevant contract value threshold.
Yes
No
The London Borough of Harrow invites tenders for the provision of buildings insurance for residential leasehold properties in where the Local Authority has sold a leasehold or shared ownership interest. The current contract expires on 31st March 2025.
The Council currently effects cover for 1,155 Right to Buy leasehold properties, however it is anticipated that this figure could increase by up to 2% by the commencement date of the contract.
The number of properties to be insured may also decrease because leaseholders have the right to enfranchisement when the ratio of leaseholders to Council tenants reaches two thirds and at least 50% of the leaseholders wish to exercise this right.
A revised property listing will be provided before the commencement of the contract.
Properties are to be insured on a blanket basis, without selection, irrespective of location or previous claims history and inclusion under the policy will be automatic on completion of sale. To view the tender documents and apply, please visit www.londontenders.org
Follow the instructions given in the description or the more information section.
Marzuki Haji
Procurement Team
PO Box 1358
Harrow
HA3 3QN
England
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