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TED - Tenders Electronic Daily (Publications Office of the EU) verified 23 hours ago Contract notice

Denmark - Insurance services - Energinet Eltransmission A/S, Insurance Procurement related to CAR including DSU, TPL, EIL, and On- and Offshore Terrorism Insurance for Bornholm Energy Island

Open Denmark Financial & insurance services

Buyer Energinet Eltransmission A/S

€73.0M estimated value · €73,050,000

Key facts

Published
Procedure
Negotiated procedure
  1. Published

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Summary

Machine-generated summary

Energinet Eltransmission A/S is procuring insurance cover for the Bornholm Energy Island through a negotiated procedure with prior call for competition, consisting of a prequalification request and tender submission. The procurement covers five lots: Lot 1 combines construction all risks, third party liability primary and offshore terrorism and sabotage cover (EUR 450 million), with a primary delay in start-up option (EUR 50 million); Lot 2 is an excess delay in start-up layer (EUR 295 million); Lot 3 an excess third party liability layer (EUR 75 million); Lot 4 onshore terrorism and sabotage (EUR 156 million); Lot 5 environmental impairment liability (EUR 25 million). CAR, DSU, TPL and offshore terrorism are mandatory, quota share placements apply, and the award is based on lowest price. One negotiation meeting via Microsoft Teams is anticipated.

Description

The procurement is conducted as a negotiated procedure with prior call for competition.The tender process thus consists of two parts/phases, including request for prequalification and submission of tender.The procurement covers the insurance placements described in Lots 1-5 below.Lot 1: CAR, TPL primary and offshore terrorism and sabotage - EUR 450 Million any one occurrence, DSU primary (option) - EUR 50 Million in the aggregateLot 2: DSU excess layer - EUR 295 Million xs EUR 50 Million First loss limit and in the aggregateLot 3: TPL excess layer - EUR 75 Million xs EUR 25 Million any one occurrenceLot 4: Onshore Terrorism and Sabotage - EUR 156 Million any one occurrenceLot 5: Environmental Impairment Liability (EIL) - EUR 25 Million any one occurrenceEnerginet Eltransmission A/S 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. CAR, DSU, TPL and offshore terrorism and sabotage are mandatory components. DSU is a mandatory-priced option: a tender omitting a compliant DSU price is non-compliant, but the Contracting Entities may elect not to purchase the DSU coverage. Lot details: Quota share placement for both the lead insurer and followers, where tenderers are requested to submit bids according to the enclosed mandatory wording. The award criterion will be lowest price, based on the technical evaluation price.; Lot details: Quota share placement for both the lead insurer and followers, where tenderers are requested to submit bids according to the enclosed mandatory wording. The award criterion will be lowest price.; Lot details: All tenderers bidding for the EIL insurance must submit bids for the whole layer in accordance with the enclosed mandatory minimum requirements. All tenderers may in addition to the mandatory minimum requirements submit supplementary wordings and conditions. The award criterion will be lowest price.

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) 23 hours 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 notice
€73.0M
Median award
€1.6M
Middle half of past awards
€607,732 to €3.8M

The estimate 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.

Energinet Eltransmission A/S

Denmark

notices in the register
120
awards
68
awarded in total
€2.4B

Who wins its contracts

Many suppliers
different companies won its awards
49
of the awards went to the three most frequent winners
14%
of its calls state an estimated value
85%

Based on 59 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
34%

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 185 awards with a linked company profile over the last 2 years.

34 open tenders right now

Market context

Larger than 97% of the open notices in Financial & insurance services across Europe.

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.

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