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Contract Notice

Property Insurance in respect of Leasehold Flats excluding Broker Services

  • First published: 10 December 2019
  • Last modified: 10 December 2019
  • Version: N/A
  • This file may not be fully accessible.

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Contents

Summary

OCID:
Published by:
Slough Borough Council
Authority ID:
AA21486
Publication date:
10 December 2019
Deadline date:
03 January 2020
Notice type:
Contract Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

Slough 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. Cover is expected to commence at 00.1a.m. on the 1.4.2020 in the name of: Slough 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. Cover is expected to commence at 00.1am on the 1.4.2020 in the name of: Slough Borough Council (including leaseholders for their respective interests) Observatory House 25 Windsor Street Slough Berks SL1 2EJ. Please note all premiums must be quoted net of insurance premium tax and net of a 20 % administration charge payable to Slough Borough Council (to cover the Council's administration costs) and include market service agreement in accordance with the normal JLT Specialty agreement (3,5 %).

Full notice text

Contract notice

Section I: Contracting authority

I.1) Name and addresses

Slough Borough Council

Observatory House, 25 Windsor Rd, Slough

Slough

SL1 2EJ

UK

Contact person: Craig Lorne

E-mail: craig.lorne@slough.gov.uk

NUTS: UKJ11

Internet address(es)

Main address: https://www.slough.gov.uk

I.3) Communication

The procurement documents are available for unrestricted and full direct access, free of charge at:

http://www.sesharedservices.org.uk/esourcing


Additional information can be obtained from the abovementioned address


Tenders or requests to participate must be sent electronically to:

https://in-tendorganiser.co.uk/sesharedservices/


Tenders or requests to participate must be sent to the abovementioned address


I.4) Type of the contracting authority

Regional or local authority

I.5) Main activity

General public services

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Property Insurance in respect of Leasehold Flats excluding Broker Services

Reference number: SBC - 029555

II.1.2) Main CPV code

66515200

 

II.1.3) Type of contract

Services

II.1.4) Short description

Slough Borough Council seek insurance services excluding broker services for the following: property; leaseholder. This tender is to be completed electronically using the SE Shared Services Procurement eSourcing portal. https://www.sesharedservices.org.uk/esourcing/opportunities The SE Shared Services eSourcing portal provides a web-based tool that provides a simple, secure and efficient means for managing tendering and quotation activities reducing the time and effort required for both buyers and potential bidders. The portal allows for tender clarifications and submitting your bid electronically. In order to bid for this opportunity you will need to register your company on the SE Shared Services portal.

II.1.5) Estimated total value

Value excluding VAT: 2 225 000.00  GBP

II.1.6) Information about lots

This contract is divided into lots: No

II.2) Description

II.2.3) Place of performance

NUTS code:

UKJ11


Main site or place of performance:

II.2.4) Description of the procurement

Slough 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. Cover is expected to commence at 00.1a.m. on the 1.4.2020 in the name of: Slough 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. Cover is expected to commence at 00.1am on the 1.4.2020 in the name of: Slough Borough Council (including leaseholders for their respective interests) Observatory House 25 Windsor Street Slough Berks SL1 2EJ. Please note all premiums must be quoted net of insurance premium tax and net of a 20 % administration charge payable to Slough Borough Council (to cover the Council's administration costs) and include market service agreement in accordance with the normal JLT Specialty agreement (3,5 %).

II.2.5) Award criteria

Price is not the only award criterion and all criteria are stated only in the procurement documents

II.2.6) Estimated value

Value excluding VAT: 2 225 000.00  GBP

II.2.7) Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 60

This contract is subject to renewal: No

II.2.9) Information about the limits on the number of candidates to be invited

II.2.10) Information about variants

Variants will be accepted: No

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

II.2.14) Additional information

Section III: Legal, economic, financial and technical information

III.1) Conditions for participation

III.1.1) Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

List and brief description of conditions:

All insurers must be at least ‘A-’ rated by standard and Poor's (or equivalent) and/or approved by the Jardine Lloyd Thompson Market Security Committee, otherwise their submission will be automatically rejected. Please note if the rating of the insurer drops below the acceptable minimum standard during the life of the contract, the authority can make alternative arrangements at their own discretion.

III.1.2) Economic and financial standing

Selection criteria as stated in the procurement documents


III.1.3) Technical and professional ability

Selection criteria as stated in the procurement documents


III.2) Conditions related to the contract

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

IV.2) Administrative information

IV.2.2) Time limit for receipt of tenders or requests to participate

Date: 03/01/2020

Local time: 12:00

IV.2.4) Languages in which tenders or requests to participate may be submitted

EN

IV.2.6) Minimum time frame during which the tenderer must maintain the tender

Tender must be valid until: 01/04/2020

IV.2.7) Conditions for opening of tenders

Date: 03/01/2020

Local time: 12:00

Place:

Section VI: Complementary information

VI.1) Information about recurrence

This is a recurrent procurement: No

VI.4) Procedures for review

VI.4.1) Review body

High Court

Royal Courts of Justice, The Strand

London

UK

VI.4.3) Review procedure

Precise information on deadline(s) for review procedures:

VI.5) Date of dispatch of this notice

05/12/2019

Coding

Commodity categories

ID Title Parent category
66515200 Property insurance services Damage or loss insurance services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
craig.lorne@slough.gov.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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