Sandwell Metropolitan Borough Council
Leasehold Right to Buy Insurance - AWARD
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.
The current Long-Term Agreement expires on 1st April 2021, Sandwell Metropolitan 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 Housing Act 1985.
The dwellings are flats in blocks and flats in houses (maisonettes) where the Council still retain the freehold ownership and the leases 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
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- OCID
- e8854468-e9c0-4fa6-8a45-094f25c72c4e
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- SMBC 20080 - AWARD
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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