Issue details

Procurement of Building Insurance for Residential Leasehold Properties.

(NCC)Nottingham City Councils contract for Leasehold Building Insurance is due to expire on 31 March 2025.

Under the terms of NCC Residential Leases it is mandatory for NCC to provide a Building Insurance cover.

We have 1186 properties on the current policy with a renewal date of 1 April 2025.

It is the intention of the Leasehold Manager Kim Smith, and Insurance Risk Manager to procure for a Building insurance contract for a period of 5 years.



Decision type: Key

Reason Key: Expenditure, Income or Savings = £750k or more;

Decision status: For Determination

Wards affected: (All Wards);

Department: Growth and City Development

Contact: Kim Smith, Leasehold Manager 011574 69185 Email: Kim.Smith@nottinghamcity.gov.uk Email: kim.smith@nottinghamcity.gov.uk.

Agenda items

Documents

  • Procurement of Building Insurance for Residential Leasehold Properties.  
  • Procurement of Building Insurance for Residential Leasehold Properties.