Wokingham Borough Council · Awarded contract
Awarded

Property Insurance for Leasehold Flats and Shared Ownership Properties by Wokingham Borough Council

Awarded 31 Mar 2020

View live tenders
Awarded31 Mar 2020
Value£335,000.00
RegionSouth East
CategoryFinance & Insurance
Ended 3y 7mo ago2y 12mo term
Awarded 31 Mar 2020Expired 30 Mar 2023

Wokingham Borough Council awarded a contract to Avid Insurance Services Ltd for the provision of property insurance covering private dwellings sold on a leasehold basis, primarily under Right to Buy legislation.

The insurance covers flats in blocks and maisonettes where the Council retains freehold ownership and arranges buildings insurance on behalf of leaseholders, recharging premiums via service charges.

The contract also includes a small number of shared ownership properties comprising houses, maisonettes, and flats.

The contract value is £335,000.

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