Decision Maker: Cabinet Member for Finance and Council Reform
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Summary of Decision
The Cabinet Member for Finance and Council Reform has approved the variation of the current contract with Protector Insurance to include the provision of leasehold buildings insurance for a period of one year effective from 01 April 2023 for a contract value of £4,684,424.
Reasons for Decision
Following the exit of all previous leasehold buildings insurers, Protector provide the only option available as no other alternative market is available at this current time.
Urgent item?: Yes
Publication date: 24/02/2023
Date of decision: 24/02/2023
Accompanying Documents: