LONDON BOROUGH OF NEWHAM · Awarded contract
Awarded

Provision of Leasehold Right to Buy Property Insurance for London Borough of Newham

Awarded 31 Mar 2023

View live tenders
Awarded31 Mar 2023
Value£12,831,466.25
RegionLondon
CategoryFinance & Insurance
Ended 7mo ago3y term
Awarded 31 Mar 2023Expired 30 Mar 2026

London Borough of Newham awarded a contract to Protector Insurance for the provision of leasehold Right to Buy (RTB) property insurance covering approximately 6,000 private dwellings sold on a leasehold basis, with a total sum insured of £1 billion.

The portfolio consists of 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 value is £12,831,466.25.

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Other similar contracts12

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$12,434,856.5
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