# Right to Buy Leaseholder insurance

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [South Tyneside Council](/buyers/south-tyneside-council/contract-awards)
- Contract winner: [AVID INSURANCE SERVICES LIMITED](/contract-winners/avid-insurance-services/public-sector-contract-awards)
- Award value: £232,268
- Tender value: £46,454
- Award date: 18 February 2022
- Published: 2 March 2022
- Contract start: 1 April 2022
- Contract end: 31 March 2027
- Stage: awarded
- Procurement category: services
- Notice ID: e86d1174-d2b1-4875-b790-17a562d1d0d0-514869
- OCID: ocds-b5fd17-6ae40a22-48bd-489e-84fe-e010f79a9eca

## Description

Provision of property insurance in respect of private dwellings sold on a leasehold basis; the majority of these were under the Right To Buy \(RTB\) legislation\. 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

## Related contract awards

- [Abritas Housing Lettings Software](/contracts/ocds-b5fd17-f6f168e3-6f1b-4828-a63f-df809142837c): South Tyneside Council
- [Library Management System software and services](/contracts/ocds-b5fd17-8ef712ef-ca78-4470-82d7-11b7b0d19424): South Tyneside Council
- [Housing Software](/contracts/ocds-b5fd17-eecd109b-606d-43eb-8129-997898459d6a): South Tyneside Council
- [Further Competition Under Insurance Placement DPS 1198 for Sandwell Metropolitan Borough Council and their appointed Insurance Broker - Marsh Limited](/contracts/ocds-b5fd17-ba90738f-5dbb-4d9e-be4d-56fddf989a03): Yorkshire Purchasing Organisation
- [Further Competition Under Insurance Placement DPS 1198 for Nottingham City Council and their appointed insurance broker - Griffiths & Armour\.](/contracts/ocds-b5fd17-54e48af4-1c6f-4506-9a19-31318e1f9b71): Yorkshire Purchasing Organisation
- [SPS 2521 - Leasehold \(RTB\) Properties Insurance](/contracts/ocds-b5fd17-cb16a1b0-b4aa-4a82-addc-ad0176f178a8): Royal Borough of Greenwich

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/e86d1174-d2b1-4875-b790-17a562d1d0d0-514869)