Femern A/S requires insurance services related to the construction of the Fehmarnbelt Fixed Link comprising:

Lot 1: Construction ‘All Risks’ and Third Party Liability Insurance;

Lot 2: Excess Third Party Liability Insurance.

The owner has completed a separate procedure calling for tenders from lead insurers for each lot. The lead insurers who were awarded the contracts on each lot are:

Lot 1: SCOR Europe SE (32,5 % capacity);

Lot 2: Chubb European Group SE (30 % capacity).

However, it is noted that the standstill period in the abovementioned tender procedure is still running.

This procurement calls for co-insurers to support the lead insurers. Note that multiple co-insurers will be awarded the contract/share of the Policy on each lot.

The Fehmarnbelt Fixed Link Project will traverse the 18 km distance across the Fehmarnbelt between Lolland in Denmark and Puttgarden in northern Germany. The works covered by the Policy have an estimated value of 5 379 000 000 EUR.

Extended TitleConstruction ‘All Risks’ and Third Party Liability Insurance of the Fehmarnbelt Fixed Link Project — Co-insurance
Changes
Section:
IV.2.2)
Previous text:
2020-01-20
New text:
2020-01-27
Deadline Date2020-01-27
Publication Date2020-01-20
CountryDenmark
Procurement StatusAmended
TypeOpen procedure
Contract TypeServices
Award CriteriaThe most economic tender
OrganisationFemern A/S
Attention OfLegal Director Casper Schmidt
AddressVester Søgade 10
TownCopenhagen
Postal Code1601
Class Code66516000
Class DescriptionLiability insurance services
SourceOffice for Official Publications of the European Communities - Tenders electronic daily (Ted)

Version of 2019-12-09

Contractor's all-risk insurance services

Femern A/S requires insurance services related to the construction of the Fehmarnbelt Fixed Link comprising:

Lot 1: Construction ‘All Risks’ and third party liability insurance;

Lot 2: Excess third party liability insurance.

The owner has completed a separate procedure calling for tenders from lead insurers for each lot. The lead insurers who were awarded the contracts on each lot are:

Lot 1: SCOR Europe SE (32,5 % capacity);

Lot 2: Chubb European Group SE (30 % capacity).

However, it is noted that the standstill period in the abovementioned tender procedure is still running.

This procurement calls for co-insurers to support the lead insurers. Note that multiple co-insurers will be awarded the contract/share of the Policy on each lot.

The Fehmarnbelt fixed link project will traverse the 18 km distance across the Fehmarnbelt between Lolland in Denmark and Puttgarden in northern Germany. The works covered by the Policy have an estimated value of 5 379 000 000 EUR.

Extended TitleConstruction ‘All Risks’ and Third Party Liability Insurance of the Fehmarnbelt Fixed Link Project — Co-insurance
Extended Description

Lot 1 is for co-insurers on construction ‘All Risks’ and third party liability insurance with a ‘Primary’ of 5 000 000 EUR each and every occurrence limit of indemnity.

The co-insurers will support SCOR Europe SE (lead insurer) who was awarded the contract on Lot 1 in the previous tender procedure.

The co-insurers may offer a capacity of up to 40 % (part of the award criteria). Note that the maximum of 40 % capacity is in total, which means that if the tenderer who was awarded the contract (lot 1) as lead insurer in the previous tender procedure (i.e. SCOR Europe SE) wishes to submit tender in this procurement, that tenderer cannot offer a capacity as co-insurer that in total exceeds the maximum capacity of 40 %.

Deadline Date2020-01-20
Publication Date2019-12-09
CountryDenmark
Procurement StatusActive
TypeOpen procedure
Contract TypeServices
Award CriteriaThe most economic tender
OrganisationFemern A/S
Attention OfLegal Director Casper Schmidt
AddressVester Søgade 10
TownCopenhagen
Postal Code1601
Class Code66513200
Class DescriptionContractor's all-risk insurance services
SourceOffice for Official Publications of the European Communities - Tenders electronic daily (Ted)

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