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Contract Award Notice

Provision of Insurance Services in Respect of Leasehold Properties (Excluding the Provision of Insurance Broking Services

  • First published: 02 April 2021
  • Last modified: 02 April 2021
  • Record interest

     

  • This file may not be fully accessible.

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The buyer is not using this website to administer the notice.

To record your interest or obtain additional information or documents please find instructions within the Full Notice Text. (NOTE: Contract Award Notices and Prior Information Notices do not normally require a response)

Contents

Summary

OCID:
Published by:
Royal Borough of Kensington and Chelsea
Authority ID:
AA56036
Publication date:
02 April 2021
Deadline date:
-
Notice type:
Contract Award Notice
Has documents:
No
Has SPD:
No
Has Carbon Reduction Plan:
N/A

Abstract

The lease agreement requires the Council as Freeholder to arrange building insurance to cover the reinstatement value of the leaseholder’s asset. Insurances must therefore be arranged.

Full notice text

Contract award notice

Results of the procurement procedure

Section I: Contracting entity

I.1) Name and addresses

Royal Borough of Kensington and Chelsea

Town Hall

London

W8 7NX

UK

Contact person: Commercial Team

E-mail: Commercialteam@rbkc.gov.uk

NUTS: UKI33

Internet address(es)

Main address: www.rbkc.gov.uk

I.4) Type of the contracting authority

Regional or local authority

I.5) Main activity

General public services

Section II: Object

II.1) Scope of the procurement

II.1.1) Title

Provision of Insurance Services in Respect of Leasehold Properties (Excluding the Provision of Insurance Broking Services

II.1.2) Main CPV code

66000000

 

II.1.3) Type of contract

Services

II.1.4) Short description

Insurance is required for residential leasehold buildings. This insurance is procured by the Council on behalf of residents. This process is also subject to leasehold consultation.

II.1.6) Information about lots

This contract is divided into lots: No

II.1.7) Total value of the procurement

Value excluding VAT: 1 343 833.00  GBP

II.2) Description

II.2.3) Place of performance

NUTS code:

UKI33

II.2.4) Description of the procurement

The lease agreement requires the Council as Freeholder to arrange building insurance to cover the reinstatement value of the leaseholder’s asset. Insurances must therefore be arranged.

II.2.5) Award criteria

Price

II.2.11) Information about options

Options: No

II.2.13) Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: No

Section IV: Procedure

IV.1) Description

IV.1.1) Type of procedure

Open procedure - Accelerated procedure

Justification:

Prior information notice released initially. Required to match timescales of leasehold consultation.

IV.1.8) Information about Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: No

IV.2) Administrative information

IV.2.1) Previous publication concerning this procedure

Notice number in the OJ S:

2020/S 230-568413

Section V: Award of contract

Title: Provision of Insurance Services in Respect of Leasehold Properties (Excluding the Provision of Insurance Broking Services)

A contract/lot is awarded: Yes

V.2 Award of contract

V.2.1) Date of conclusion of the contract

29/03/2021

V.2.2) Information about tenders

Number of tenders received: 3

The contract has been awarded to a group of economic operators: No

V.2.3) Name and address of the contractor

Zurich Municpal Insurance

London

EC3R 7NQ

UK

NUTS: UKI42

Internet address(es)

URL: www.zurich.co.uk

The contractor is an SME: No

V.2.4) Information on value of the contract/lot (excluding VAT)

Total value of the contract/lot: : 1 343 833.00  GBP

V.2.5) Information about subcontracting

Section VI: Complementary information

VI.4) Procedures for review

VI.4.1) Review body

Royal Courts of Justice

London

WC2A 2LL

UK

VI.4.2) Body responsible for mediation procedures

Crown Commercial Services

London

UK

VI.4.4) Service from which information about the review procedure may be obtained

Crown Commercial Services

London

UK

VI.5) Date of dispatch of this notice

29/03/2021

Coding

Commodity categories

ID Title Parent category
66000000 Financial and insurance services Finance and Related Services

Delivery locations

ID Description
100 UK - All

Alert region restrictions

The buyer has restricted the alert for this notice to suppliers based in the following regions.

ID Description
There are no alert restrictions for this notice.

About the buyer

Main contact:
Commercialteam@rbkc.gov.uk
Admin contact:
N/a
Technical contact:
N/a
Other contact:
N/a

Further information

Date Details
No further information has been uploaded.

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