LONDON BOROUGH OF HACKNEY Invitation to Tender for Property Insurance Quotations in respect of Leasehold and Mortgaged Properties excluding Broker Services

The London Borough of Hackney is seeking property insurance quotations for approximately 8,500 residential properties, including leasehold, right-to-buy, shared ownership, and mortgaged properties. The projected total building sum insured at inception is approximately 2.36 billion pounds, with an estimated total contract value of 20 million pounds excluding VAT. This procurement, conducted via the Open Procedure under the Procurement Act 2023 and the Government Procurement Agreement, specifically excludes broker services and is noted as being particularly suitable for small and medium-sized enterprises. The resulting Long Term Agreement is scheduled to commence on 1 April 2027 for an initial term of two years, with options to extend for two additional one-year periods, potentially running through 31 March 2031. Award decisions will be based on a weighted evaluation of 65 percent price and 35 percent quality. All tenders must be submitted in English via the London Tenders Portal by 12:00pm on 20 November 2026, and suppliers are required to maintain current information on the government's Central Digital Platform.