Contract

Property Insurance of Leasehold Flats and Shared Ownership Properties excluding Broker Services

  • Wokingham Borough Council

F03: Contract award notice

Notice identifier: 2024/S 000-008912

Procurement identifier (OCID): ocds-h6vhtk-040d55

Published 19 March 2024, 4:35pm



Section one: Contracting authority

one.1) Name and addresses

Wokingham Borough Council

Civic Offices, Shute End

Wokingham

RG40 1BN

Contact

Mrs Valentina Z Velcheva

Email

Valentina.Velcheva@wokingham.gov.uk

Telephone

+44 7730320959

Country

United Kingdom

Region code

UKJ1 - Berkshire, Buckinghamshire and Oxfordshire

Internet address(es)

Main address

http://www.wokingham.gov.uk

Buyer's address

http://www.wokingham.gov.uk

one.4) Type of the contracting authority

Regional or local authority

one.5) Main activity

General public services


Section two: Object

two.1) Scope of the procurement

two.1.1) Title

Property Insurance of Leasehold Flats and Shared Ownership Properties excluding Broker Services

Reference number

DN695526

two.1.2) Main CPV code

  • 66515200 - Property insurance services

two.1.3) Type of contract

Services

two.1.4) Short description

Provision of Buildings Insurance for Leasehold ‘Right to Buy’ and Shared Ownership properties.

two.1.6) Information about lots

This contract is divided into lots: No

two.1.7) Total value of the procurement (excluding VAT)

Value excluding VAT: £575,000

two.2) Description

two.2.3) Place of performance

NUTS codes
  • UKJ1 - Berkshire, Buckinghamshire and Oxfordshire

two.2.4) Description of the procurement

Provision of Buildings Insurance for Leasehold ‘Right to Buy’ and Shared Ownership properties.

two.2.5) Award criteria

Quality criterion - Name: Quality / Weighting: 30%

Price - Weighting: 70%

two.2.11) Information about options

Options: No

two.2.13) Information about European Union Funds

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


Section four. Procedure

four.1) Description

four.1.1) Type of procedure

Open procedure

four.1.8) Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: Yes

four.2) Administrative information

four.2.1) Previous publication concerning this procedure

Notice number: 2023/S 000-030879


Section five. Award of contract

A contract/lot is awarded: Yes

five.2) Award of contract

five.2.1) Date of conclusion of the contract

19 March 2024

five.2.2) Information about tenders

Number of tenders received: 3

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

five.2.3) Name and address of the contractor

Aspen Insurance UK Ltd

30 Fenchurch Street London Ec3M 3BD

London

Ec3M 3BD

Country

United Kingdom

NUTS code
  • UKJ1 - Berkshire, Buckinghamshire and Oxfordshire
The contractor is an SME

No

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

Total value of the contract/lot: £395,766


Section six. Complementary information

six.4) Procedures for review

six.4.1) Review body

High Court of Justice of England and Wales

London

Country

United Kingdom