Energinet Eltransmission A/S, Insurance Procurement related to CAR including DSU, TPL, EIL, and On- and Offshore Terrorism Insurance for Bornholm Energy Island
AI Summary
Energinet Eltransmission A/S is procuring comprehensive insurance coverage for its Bornholm Energy Island operations, encompassing civil liability, terrorism, sabotage, drift loss and environmental impairment risks. The tender covers five distinct lots: a combined catastrophe and terrorism coverage up to EUR 450 million per occurrence with an optional €50 million primary DSU layer; a DSU excess layer of €295 million on an additional €50 million first‑loss limit; a TPL excess layer of €75 million on a €25 million per‑occurrence limit; on‑shore terrorism and sabotage insurance up to €156 million per occurrence; and environmental impairment liability coverage of €25 million per occurrence. All insurance placements are required to be written in Denmark under Danish FSA permission, with bidders demonstrating financial strength of at least an A‑ rating from S&P or equivalent. Candidates must also confirm non‑existence of exclusions under EU non‑cooperative lists and Council Regulation (EU) 2022/576, and submit a European Single Procurement Document indicating compliance with all suitability and economic criteria. All technical provisions are specified in the procurement documents.
Description
Additional information: Applicable for all lots: Requirement 1: Not established in a country on the EU list of non-cooperative jurisdictions for tax purposes: The applicant must confirm, that the applicant is not subject to the mandatory exclusion grounds set out in Udbudslovens §134 litra a? Requirement 2: COUNCIL REGULATION (EU) 2022/576 of 8 April 2022. The applicant must confirm, that the applicant is not subject to the mandatory exclusion ground set out in Regulation (EU) 2022/576, article 5k regarding the War in Ukraine The undersigned solemnly declares the company is not: (a) a Russian national, or a natural or legal person, entity or body established in Russia; (b) a legal person, entity or body whose proprietary rights are directly or indirectly owned for more than 50 % by an entity referred to in point (a) of this paragraph; or c) a natural or legal person, entity or body acting on behalf or at the direction of an entity referred to in point (a) or (b) of this paragraph, including, where they account for more than 10 % of the contract value, subcontractors, suppliers or entities whose capacities are being relied on within the meaning of the public procurement Directives. Selection criteria - applicable for all lots: Concession to write insurance in Denmark All Tenderers who wish to submit a tender must file a request for participation by submitting the European Single Procurement Document (hereafter ESPD) in accordance with the time limits put forth in the procurement documents. The Tenderer must declare whether the Tenderer is covered by the exclusion grounds listed in the ESPD. To fulfil the suitability criterion “Enrolment in a trade register” in the ESPD, all Tenderers must uphold permission to write insurance risks as specified in this tender by the Danish FSA. Letter of Commitment To fulfil the economic criterion “Other economic or financial requirements” in the ESPD, all Tenderers must have a Financial Strength rating of no less than A- (Standard and Poor's) or an equivalent rating from a comparable ratings agency. A letter of commitment if the candidate relies on the technical or financial capacity of other entities, see Appendix D (Confirmation regarding other entity's capacity (Letter of Commitment)). Only the candidates relying on other legal entities to fulfill technical or financial capacity must complete Appendix D.
Lot: LOT-0001
Title: Lot 1: CAR, TPL primary and offshore terrorism and sabotage – EUR 450 Million any one occurrence, DSU primary (option) – EUR 50 Million in the aggregate
Lot: LOT-0002
Title: Lot 2: DSU excess layer – EUR 295 Million xs EUR 50 Million First loss limit and in the aggregate
Lot: LOT-0003
Title: Lot 3: TPL excess layer – EUR 75 Million xs EUR 25 Million any one occurrence
Lot: LOT-0004
Title: Lot 4: Onshore Terrorism and Sabotage – EUR 156 Million any one occurrence
Lot: LOT-0005
Title: Lot 5: Environmental Impairment Liability (EIL) – EUR 25 Million any one occurrence