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TED - Tenders Electronic Daily (Publications Office of the EU) verified 4 days ago Contract award

Denmark - Insurance services - Contract Award Notice - Energinet: Project Recompletion of Cavern To-9 - Voluntary ex ante transparency notice

Awarded Denmark Financial & insurance services

Buyer Energinet

€308,823 awarded value

Key facts

Published
Estimated value
€401,413
converted from DKK
Procedure
Negotiated procedure
  1. Published
  2. Awarded pending

TED - Tenders Electronic Daily (Publications Office of the EU) does not publish the date of this award. See the official notice

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Awarded to

AXA FORSIKRING, FILIAL AF AXA VERSICHERUNG AKTIENGESELLSCHAFT, TYSKLAND; Berkshire Hathaway Specialty Insurance

Awarded value
€308,823 23% under the estimate of €401,413
Bids received
2
Record with this buyer
1 first contract from this buyer in the register

Description

Insurance procurement for Project Recompletion of Cavern To-9 with inception on September 27, 2025.The procurement covers Construction/Erection All Risks insurance including Marine Cargo, extended maintenance and Third-Party Liability (TPL) Insurance.Energinet reserves the right to award the contract based on the initial tender. There is no remuneration to participants in the negotiations.Costs incurred by the tenderer in connection with the preparation and submission of a tender for one or more lots are the tenderers to bear and will not be reimbursed.There is anticipated to be one negotiation meeting held via Microsoft Teams.

Official source

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

Always verify details on the official notice.

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Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 4 days ago

What this buyer has paid before

Based on 15 comparable contracts this buyer awarded in this sector over the last 4 years.

This award
€308,823
Estimated value
€401,413
Median award
€510,703
Middle half of past awards
€314,788 to €849,001

The award is smaller than three in four past awards.

Most recent awards

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

Energinet

Denmark

notices in the register
68
awards
32
awarded in total
€60.5M

Who wins its contracts

Moderately concentrated
different companies won its awards
15
of the awards went to the three most frequent winners
48%

Based on 23 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
10%

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.

One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.

Awards most often to

  1. If Skadeforsikring, filial af If Skadeförsäkring AB 7 awards €6.8M
  2. If Skadeforsikring, filial af If Skadeförsäkring AB; Zurich Denmark, Branch of Zurich Insurance Europe AG, Germany 2 awards €1.2M
  3. Chubb European Group SE 2 awards €39,463

25 open tenders right now

Market context

open now in Financial & insurance services
3,487
median open notice
€441,696

Who wins in this market

Many suppliers

Denmark · Financial & insurance services

different companies won awards here
87
of the awards went to the three most frequent winners
26%
buyers awarded contracts here
113

Based on 185 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.

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