1.1. To note Officers’ recommendation that the cover be placed with the successful tenderer, Ocaso S.A on the basis of a 5 year contract, and subject to comments of leaseholders during the second stage consultation under section 20 of the Landlord and Tenant Act 1985 (as amended).
1.2. That authority be delegated to the Cabinet Member for Housing in conjunction with the Joint Lead Directors for Housing to:
a) Award the contract for the provision of building insurance to the successful tenderer for a period of 5 years, on the basis of the option preferred by majority of those leaseholders who respond to the second stage consultation and subject to due regard being taken of the outcome of the section 20 consultation as described in paragraphs 7.3 to 7.5 of this report.
b) Approve any necessary amendments and variations to the contract in light of the consultation.