Official UK procurement notice
GBC - 038173 Guildford Borough Council-Property Insurance – (Leasehold / Right to Buy) Insurance Services Tender
Authority: Guildford Borough Council (Local council)
What is being bought
Published requirement descriptionThe current Long-Term Agreement expires on 31st March 2025. The Contracting Authority (Guildford Borough Council) invites bids for the provision of its property insurance in respect of private dwellings sold on a leasehold basis, the majority of these were under the Right To Buy (RTB) legislation. Please go to www.sesharedservices.org.uk/esourcing ↗ and search for tender name (GBC- 038173 Guildford Borough Council-Property Insurance – (Leasehold / Right to Buy) Services Tender) or reference number (038173).The dwellings are flats in blocks and flats in houses (maisonettes) where the Contracting Authority still retain the freehold ownership and in some case the leases may state that the Contracting Authority, as the Freeholder, will arrange the buildings insurance on behalf of the Leaseholder and recharge the premium as part of the Service Charge. Other flats in some blocks have not been sold (Council tenanted) and are separately insured so insurance cover for these flat.
- Recurrence: 2027 or 2029
CPV: Financial and insurance services
The lotProcurement structure
single lot · value publishedLot #1RenewalPublished value£500,000
What it takes to wini
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
Evaluation split and conditions of participation as published; the tender pack may add morei
How this buyer will score bids.
The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).
- Economic & financial standing
Tenderers must have a credit rating above CCC as per Standard & Poor’s rating or alternatively proof of security to the satisfaction of the Awarding Authority. Should this financial rating not be maintained during the term of the contract period, the Council has the right to terminate the Long-Term Agreement.
Procedure terms & legal framework
From the official record · publisher note attached- Procedure method
- Open procedure
- Legal basis
- CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
- Procurement category
- Services
- Notice status
- Closed
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Competitive procedure
- GPA / WTO covered
- Yes (GPA)
- Recurring procurement
- Yes · 2027 or 2029
- First published
- 4 Dec 2024, 12:47 GMT
- Last source update
- 4 Dec 2024, 12:47 GMT
- Award evaluation window
- 8 Jan 2025 – …
- Authority reference
GBC - 038173- FTS notice number
2024/S 000-039056- Classification (CPV)
- Delivery area
- Official registry OCID
ocds-h6vhtk-04c227Find a Tender
Publisher note: To place a submission for this tender please access via the below link, and login with your credentials if already registered on the SE Shared Service portal: https://www.sesharedservices.org.uk/esourcing If you are not registered on the SE Shared Services, and would like to place to submission for this tender, then please register your companies details via the below link. Once registered you will be able to access the tender documentation https://www.in-tendhost.co.uk/sesharedservices/aspx/Home Please search for project name ( GBC - 038173 Guildford Borough Council-Property Insurance – (Leasehold / Right to Buy) Insurance Services Tender ) or reference number (038173)
How it was run
Official notice- Submission deadline
- 8 Jan 2025, 12:00 GMT
- Submission channel
- {"electronicSubmission","written"}
- Accepted languages
- en
- Bids opened
- 8 Jan 2025, 12:00 GMT
Timeline
4 Dec 2024 → 30 Apr 2025 · 4 dates- Notice published4 Dec 2024, 12:47 GMT
- Submission deadline8 Jan 2025, 12:00 GMT
- Bids opened8 Jan 2025, 12:00 GMT
- Bids must remain valid until30 Apr 2025, 23:59 BST
Contracting authority & participating public bodies
Official documents & specifications
Official links; attachments are not copiedNo document links were published on the notice.