Insurance Provision for Residential Leasehold Buildings to Protector Forsikring ASA
capitalEsourcing · Awarded contract
AwardedInsurance Provision for Residential Leasehold Buildings to Protector Forsikring ASA
Awarded 31 Mar 2024
Awarded31 Mar 2024
Value£14,832,860.00
SupplierProtector Forsikring ASA
AgencycapitalEsourcing
RegionLondon
CategoryFinance & Insurance
Expires in 2y 5mo5y term, 52% elapsed
Awarded 31 Mar 2024Expires 1 Apr 2029
About
capitalEsourcing awarded a contract to Protector Forsikring ASA for the provision of Residential Leasehold Buildings insurance.
The contract, valued at £14,832,860, was established for an initial five-year term, with premiums subject to annual index linking to reflect inflation.
The tender was conducted via the Open procedure on the capitalEsourcing portal, with the Contract Notice published on 19 January 2024 and closing on 19 February 2024.
This arrangement ensures the Council's assets are adequately insured and not subject to under-insurance.
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Insurance Provision for Residential Leasehold Buildings to Protector Forsikring ASA
Won by Protector Forsikring ASA · capitalEsourcing
£14.8Mawarded
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Property Insurance for 8,500 Leasehold, Right-to-Buy, Shared Ownership and Mortgaged Residential Properties – London Borough of Hackney (Excluding Broker Services)Finance & Insurance · Closes 20 Nov 2026
Leaseholder Building Insurance for Council Freehold Residential Properties – Reading Borough CouncilFinance & Insurance · Closes 25 Nov 2026
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Requirements from the documentsWho can bid, mandatory criteria, how it is scored, insurance and key dates, each with its source.
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Key requirementsFrom 12 documents
Who can bidRegistered commercial cleaners
Mandatory criteriaPolice checks for staff on site
How it is scoredPrice 40%, experience 35%, method 25%
Insurance£20M public liability
Key datesSite visit 14 Oct, closes 28 Oct
Est. value£1.2M – £1.8M
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