Awarded without open competition
Awarded without open competition. The buyer went directly to one or a few suppliers instead of advertising the contract. Procurement rules allow this only in specific cases, such as extreme urgency, when only one supplier can do the work, or for call-offs from an existing framework.
Key facts
- Buyer
- South Tyneside Borough Council · Regional or local authority
- Value
- £135,676.50
- Procedure
- Award procedure without prior publication of a call for competition
- Sector
- Financial & insurance services · Financial and insurance services (CPV 66000000)
- Region
- North East
- Official notice
- 040643-2026 on Find a Tender
- Timeline
-
- Contract date26 Mar 2026
- Published1 May 2026Published 36 days after the contract date
Description
The current Long Term Agreement expires on 31st March 2026. South Tyneside 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. The dwellings are flats in blocks and flats in houses (maisonettes) where South Tyneside still retain the freehold ownership and in some case the leases may state that South Tyneside 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. In addition, there are a small number of Mortgaged Properties i.e. properties for which the mortgage was granted by the Contracting Authority. Cover is expected to commence at 00.01am on the 1st April 2026
About the supplier
The Aspen Group of companies (Aspen) is part of the Sompo Group: every public contract they have won, plus their Companies House record (company 01184193).