Issue - meetings

This report seeks approval to invite tenders in relation to procurement of the Leaseholder Property Insurance contract.

Cabinet RESOLVED:

(1)                    To approve inviting tenders for Leasehold Property Insurance on the basis of the pre-tender considerations set out in paragraph 3.5 of the report.

(2)                    To note that the Council would undertake consultation with leaseholders and Recognised Tenants Associations pursuant to Section 20 of the Landlord and Tenant Act 1985 (as amended), as set out in paragraphs 7.1 to 7.7 of the report.

(3)                    To approve officers evaluating the tenders referred to in (1) above on the basis of the evaluation criteria set out in paragraph 3.5(vi) of the report.

(4)                    To delegate authority to the Corporate Director of Resident Services, in consultation with the Cabinet Member for Housing, Homelessness & Renters Security, to award the contract for Leasehold Property Insurance for a term of three years with the option to extend for a further two years.

Councillor Knight (Cabinet Member for Housing, Homelessness & Renters Security) introduced a report setting out the proposed arrangements for provision of the Council’s Leasehold Property Insurance contract. 

In considering the report members noted the main risk clauses due to be included under the contract arrangements, as detailed in section 3.6 of the report.  Members also recognised the importance of the way the procurement process had been structured in order to secure best value for leaseholders in the borough, given the current challenging economic conditions.

Having considered the report and with no further comments, Cabinet RESOLVED:

(1)            To approve inviting tenders for Leasehold Property Insurance on the basis of the pre-tender considerations set out in paragraph 3.5 of the report.

(2)            To note that the Council would undertake consultation with leaseholders and Recognised Tenants Associations pursuant to Section 20 of the Landlord and Tenant Act 1985 (as amended), as set out in paragraphs 7.1 – 7.7 of the report.

(3)            To approve officers evaluating the tenders referred to in (1) above on the basis of the evaluation criteria set out in paragraph 3.5 (vi) of the report.

(4)            To delegate authority to the Corporate Director of Resident Services, in consultation with the Lead Member for Housing, Homelessness and Renters Security, to award the contract for Leasehold Property Insurance for a term of three years with an option to extend for a further two years.