Provision of Leasehold and RTB Property Insurance for the Royal Borough of Greenwich
Royal Borough of Greenwich · Awarded contract
AwardedProvision of Leasehold and RTB Property Insurance for the Royal Borough of Greenwich
Awarded 31 Mar 2022
Awarded31 Mar 2022
Value£4,718,182.26
SupplierAvid Insurance Services
RegionUnited Kingdom
CategoryFinance & Insurance
Ended 1y 7mo ago3y term
Awarded 31 Mar 2022Expired 30 Mar 2025
About
Royal Borough of Greenwich awarded a contract to Avid Insurance Services for property insurance covering leasehold and Right to Buy (RTB) properties, excluding broker services.
The contract commenced on 1 April 2022 under a three-year long-term agreement, with options to extend for a further one plus one year, allowing a potential total contract period of five years at the authority's sole discretion.
The contract value is £4,718,182.26.
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Other similar contracts12
Contract and supplierAwarded value
Provision of Leasehold (RTB) Properties Insurance for Royal Borough of GreenwichFinance & InsuranceProtector Forsikring ASA
$9,300,000
Provision of Leasehold Right to Buy Property Insurance for London Borough of NewhamFinance & InsurancePROTECTOR INSURANCE
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Award of Right to Buy Leasehold Buildings Insurance for Royal Borough of Kingston upon ThamesFinance & InsuranceProtector Insurance
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Provision of Property Insurance for Leasehold Right to Buy Properties by London Borough of HackneyFinance & InsuranceAvid Insurance Services
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Provision of Leasehold Right to Buy Property Insurance to London Borough of Barnet CouncilFinance & InsuranceZurich Insurance plc
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Provision of Leasehold Property Insurance for Tandridge District CouncilFinance & InsuranceAvid Insurance Service
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Provision of Leasehold RTB Buildings Insurance to Dartford Borough CouncilFinance & InsuranceProtector Forsikring Asa
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Provision of Right to Buy Leaseholder Property Insurance by South Tyneside CouncilFinance & InsuranceAVID INSURANCE SERVICES LIMITED
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Residential Property Insurance for Leasehold, Mortgaged, and Shared Ownership PropertiesFinance & InsuranceAVID INSURANCE SERVICES LIMITED
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Provision of Leasehold and RTB Property Insurance for the Royal Borough of Greenwich
Won by Avid Insurance Services · Royal Borough of Greenwich
£4.7Mawarded
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Leaseholder Buildings Insurance for Right to Buy and Shared Ownership Properties – Reading Borough CouncilFinance & Insurance · Closes 25 Nov 2026
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
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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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