Summary
Machine-generated summaryEnerginet is procuring insurance services for the 400 kV Øresund System 2 cable project, covering construction all risks onshore and offshore with third party liability, terrorism cover and contractors pollution liability. Three lots are tendered: Lot 1 covers an all risks policy with an estimated contract value of DKK 490.9 million, a LEG3/06 sublimit of DKK 15 million each event and aggregate, inland transit cover of DKK 15 million per conveyance for onshore cables and DKK 90 million per conveyance for sea cables, plus third party liability of DKK 100 million each event for the project period, secondary to contractors' primary policies of DKK 20 million. Lot 2 covers terrorism insurance of DKK 100 million each event and aggregate. Lot 3 covers contractors pollution liability of DKK 5 million each event and aggregate. The base wording is Munich Re Comprehensive Project Insurance CPI E 34 7.2-E, and further sums follow the Risk and Insurance Information document. Energinet may award on the initial tenders, no negotiation remuneration is paid and tenderers bear their own preparation costs.
Description
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) 5 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 170 awards for Financial & insurance services in Denmark.
- This notice
- €1.8M
- Median award
- €1.6M
- Middle half of past awards
- €603,922 to €3.8M
The estimate sits inside the usual range.
Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.
The buyer
Full buyer profileEnerginet
- 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.
This buyer has no award history in this sector yet. Usual winners, Financial & insurance services - Denmark
| Company | Wins | Total awarded | Last win |
|---|---|---|---|
| GJENSIDIGE FORSIKRING | 26 | €59.2M | Aug 2026 |
| Protector Forsikring ASA | 11 | €27.5M | Feb 2026 |
| If Skadeforsikring, filial af If Skadeförsäkring AB | 11 | €14.7M | Jul 2026 |
| Protector Forsikring ASA; GJENSIDIGE FORSIKRING | 8 | €31.2M | Jul 2026 |
| Gjensidige Forsikring; Protector Forsikring ASA | 5 | €26.2M | Dec 2025 |
Based on 183 awards with a linked company profile over the last 2 years.
25 open tenders right now
- Geological and geophysical consulting - 25/18600 - Framework agreement for geotechnical and geophysical preliminary investigations for energy infrastructure (onshore) No deadline published
- Geological and geophysical consultancy - 25/18600 - Framework agreement for geotechnical and geophysical preliminary investigations for energy infrastructure (land) No deadline published
- Tree cutting - Framework agreement for tree cutting near Energinet's overhead power lines - LOT 3 - Zealand and Lolland-Falster - 26/07708 No deadline published
Market context
Larger than 74% of the open notices in Financial & insurance services across Europe.
- open now in Financial & insurance services
- 3,441
- median open notice
- €461,419
Who wins in this market
Many suppliersDenmark · 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 183 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
Open now
16
days left
€3,614,812
est. value
16
days left
€847,250
est. value
16
days left
€3,429,156
est. value
26
days left
€1,337,649
est. value
Awarded before
Never miss a tender like this
230 new notices in Financial & insurance services in Denmark in the last 7 days. Get an email when new ones appear. Free.
Set up my alert