Issue details

Contract for the Insurance of Leasehold Flats (2023-2028)

The terms of the lease between the Council and Leaseholders provides that the Council will arrange insurance of the fabric of the leased flat including fixtures and fittings and that the cost of such insurance will then be recharged by the Council to individual leaseholders proportionate to the value of the leased flat.

If no contract is awarded, leaseholders will be left with no insurance cover on the fabric, fixtures and fittings of leasehold flats and the Council will be in breach of its obligations under the terms of the lease.

Decision type: Key

Reason Key: Financial Impact>£500K;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 17/05/2022

Decision due: Not before 16th Jun 2022 by Chief Officer (Financial Services)

Lead director: Chief Officer (Financial Services)

Department: Resources

Contact: Matthew Southwell, Deputy Insurance Manager 0113 378 8711 Email: matthew.southwell@leeds.gov.uk.

Consultation process

Ongoing from May 2022

Consultees

Procurement & Commercial Services

Leaseholder Management Service

 

Documents

  • Report to the Decision Maker