Leasehold Right to Buy Insurance
Sandwell Metropolitan Borough CouncilEstimated Value
£448,000 – £560,000
Deadline
30 November 2020
Published
30 October 2020
Type
services
Overview
The current Long-Term Agreement expires on 1st April 2021, Sandwell Metropolitan 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 Housing Act 1985. The dwellings are flats in blocks and flats in houses (maisonettes) where the Council still retain the freehold ownership and the leases state that the Council, 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 flats are not required Additional information: Is a Recurrent Procurement Type? : No
Regulations cited
- Housing Act 1985
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Sandwell Metropolitan Borough CouncilKey Dates
Published
30 October 2020
Submission deadline
30 November 2020
Notice type
tenderAmendment
Source
contracts finder
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