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TED - Tenders Electronic Daily (Publications Office of the EU) verified 3 days ago Contract award

Denmark - Insurance services - CAR/EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse

Awarded Denmark Financial & insurance services

Buyer Udviklingsselskabet By & Havn I/S

€7.5M awarded value · €7,493,042

Key facts

Awarded
Estimated value
€749,304
converted from DKK
Procedure
Negotiated procedure
  1. Awarded
  2. Published
  3. Contract ends, estimated June 2031
View the official notice Watch this tender

This contract runs about 68 months, so it is back on the market around June 2031. Log in

Awarded to

Zurich Danmark, filial af Zurich Insurance Europe AG, Tyskland; CHUBB EUROPEAN GROUP, DANMARK, FILIAL AF CHUBB EUROPEAN GROUP SE; Tryg Forsikring A/S

Awarded value
€7,493,042 900% over the estimate of €749,304
Award date
Bids received
3
Back on the market
Jun 2031 How we know

When this contract comes back

estimated from the stated duration

This contract runs about 68 months, so it is back on the market around June 2031.

Every contract expiring, on the radar

Description

By & Havn has entered into three contracts regarding a CAR/EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse with an insured sum of DKK 3,2bn. The insurance is a project specific Construction All Risk (CAR) & Erection All Risk (EAR) insurance for the construction and installation of the new UNICEF Campus 4 warehouse. The insurance shall cover both the construction and civil works (under the CWC/BYG contract) and the material handling works (under the MHE contract). The insurance is to be primary to other insurances and provide coverage to property damage to the works, property damage to existing property and liability for third party for owner.

Official source

Source: TED - Tenders Electronic Daily (Publications Office of the EU)

Always verify details on the official notice.

Report an error in this notice

Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 3 days ago

What this market pays

The buyer has too few awards of its own in this sector, so this is the range of the last 171 awards for Financial & insurance services in Denmark.

This award
€7.5M
Estimated value
€749,304
Median award
€1.6M
Middle half of past awards
€607,732 to €3.8M

The award is larger than three in four past awards.

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

Udviklingsselskabet By & Havn I/S

Denmark

Who wins its contracts

Moderately concentrated
different companies won its awards
10
of the awards went to the three most frequent winners
59%
of its calls state an estimated value
70%

Based on 17 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.

Competition

of the awards went to companies based in another country
7%

As the official award notices state them, over the last 3 years. Tenders per lot count open and restricted procedures only: in a negotiated procedure or a direct award a single tender is the procedure itself. The country is the one the notice gives for the winner.

Recent awards

18 open tenders right now

Market context

open now in Financial & insurance services
3,430
median open notice
€442,870

Who wins in this market

Many suppliers

Denmark · Financial & insurance services

different companies won awards here
86
of the awards went to the three most frequent winners
26%
buyers awarded contracts here
112

Based on 184 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.

Competition

tenders per lot on average (open and restricted procedures)
1.7
of those lots received a single tender
48%
of the awards went to companies based in another country
20%
of the tenders came from another country
16%

As the official award notices state them, over the last 3 years. Tenders per lot count open and restricted procedures only: in a negotiated procedure or a direct award a single tender is the procedure itself. The country is the one the notice gives for the winner.

Similar tenders

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