Provision of Leasehold Right to Buy Property Insurance to London Borough of Barnet Council
London Borough of Barnet Council · Awarded contract
AwardedProvision of Leasehold Right to Buy Property Insurance to London Borough of Barnet Council
Awarded 30 Sep 2018
Awarded30 Sep 2018
Value£4,100,000.00
SupplierZurich Insurance plc
RegionLondon
CategoryFinance & Insurance
Ended 3y 1mo ago5y term
Awarded 30 Sept 2018Expired 29 Sept 2023
About
London Borough of Barnet Council awarded a contract to Zurich Insurance plc for annual insurance cover under a long-term agreement (LTA) for a minimum period of 3 years with an option to extend for a further 2 years.
The insurance covers leasehold right to buy properties, including material damage, business interruption (loss of rental income and/or alternative accommodation costs), and property owners liability insurance.
The contract value is £4,100,000.
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Other similar contracts12
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Provision of Leasehold Right to Buy Property Insurance to Sandwell Metropolitan Borough CouncilFinance & InsuranceZurich Insurance Plc
$527,000
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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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Buildings Insurance for Residential Leaseholders by Harrow CouncilFinance & InsuranceProtector Insurance
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Provision of Services for Leasehold Right to Buy Property (Excluding Insurance Broker Services) to Basildon Borough CouncilFinance & InsuranceZurich Municipal
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Provision of Leasehold Right to Buy Property Insurance to London Borough of Barnet Council
Won by Zurich Insurance plc · London Borough of Barnet Council
£4.1Mawarded
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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 Buildings Insurance for Right to Buy and Shared Ownership 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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