Decision Maker: Executive Co-Portfolio Holder for Housing Decisions

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: September 26, 2024

Purpose:

Content: Having considered the comments of the Landlord Services Advisory Board (Executive Working Group), the Executive Co-Portfolio Holder for Housing (Operations) and Services, Councillor Paul Rivers,   RESOLVED to,   Recommendation   1.     Commence the procurement for leasehold buildings Insurance Cover with the assistance of GBC Procurement and a third party broker.   2.     The recommended route to market of an Open Procedure in accordance with the Public Contracts Regulations (2015) if the Council’s Invitation to Tender (ITT) is advertised on the INTEND Procurement Portal (the Portal) prior to October 2024 or the Single Stage Procedure under the provisions of the Procurement Act 2023 if the ITT is advertised on the Portal after that date.   3.     The involvement and engagement of the Tenant Panel as part of the procurement process.   Reason(s) for Recommendation: 1.     The Council is responsible for providing building insurance for the 480 right to buy leaseholders who are recharged for the service.   2.     The provision of the right to buy leasehold building insurance is not included in the collaboration insurance agreement with the LB Sutton and the Council must arrange this separately.   3.     The current policy with Protector Insurance needs to be renewed from April 2025. Officers have been advised by Marsh, the insurance broker that competition within the leasehold property market is more favourable than during the financial year 2024/25, where cover was provided under a direct award.   4.     Marsh have recommended a competitive tendering process for the procurement of this cover to deliver value for money to the Council and Leaseholders.