Project related Combined Marine- and Construction Allrisk Insurance (Primary Policy) and Third Party Liability Insurance (Primary Policy and related excess layer policies) for HV/DC Grid Connection Systems North Sea Connector 1 and North Sea Connector 2 located in the German North Sea and German northern mainland

CN-SEC-STDContract notice – sectoral directive, standard regime0a9534b1-15f4-42c6-9ce7-1b7d44a4bf095G50Hertz Transmission GmbH
28 days left
Estimated value€82,000,000
Deadline28 days left21 Oct 2026, 10:00
Competition00 participants
Lots55 lots

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Key information

Contract type
Deadline
21 Oct 2026, 10:00
CPV codes
66000000 - Financial and insurance services66510000 - Insurance services66516400 - General liability insurance services
Status
UNKN
Notice type
CN-SEC-STDContract notice – sectoral directive, standard regime
Estimated value
€82,000,000
Publication date
16 Sept 2026, 16:12

Overview

Project Insurance Policies for HV/DC Grid Connection Systems North Sea Connector 1 and North Sea Connector 2 The tendered Insurance Coverage is subdivided in 5 lots, such as: Lot 1: Combined Marine and Construction Allrisk Insurance for HV/DC Grid Connection Systems North Sea Connector 1 and North Sea Connector 2 (Primary Policy) Lot 2: Third Party Liability Cover including Environmental Liability Cover and Environmental Impairment Cover for HV/DC Grid Connection Systems North Sea Connector 1 (just subproject LanWin 3) and North Sea Connector 2 (just subproject LanWin 6) (both Primary Policies) Lot 3: Third Party Liability Cover including Environmental Liability Cover and Environmental Impairment Cover and Professional Indemnity Insurance for HV/DC Grid Connection Systems North Sea Connector 1 (just subproject DC 31) and North Sea Connector 2 (just subproject DC 32) (both Primary Policies) Lot 4: Third Party Liability Cover including Environmental Liability Cover and Environmental Impairment Cover and Professional Indemnity Insurance for HV/DC Grid Connection Systems North Sea Connector 1 (just subproject DC 31) and North Sea Connector 2 (just subproject DC 32) (first Excess Layer) Lot 5: Third Party Liability Cover including Environmental Liability Cover and Environmental Impairment Cover for HV/DC Grid Connection Systems North Sea Connector 1 (just subproject DC 31) and North Sea Connector 2 (just subproject DC 32) (second Excess Layer)

German North Sea and German main land, German North Sea and German main land, DE300, Germany

Procurement of Combined Marine and Construction Allrisk Insurance for HV/DC Grid Connection Systems North Sea Connector 1 and North Sea Connector 2 The Grid Connection systems (North Sea Connector 1 and North Sea Connector 2) each consisting of Offshore Converter incl. auxiliary equipment, 525kV 2 GW DC offshore cable systems to DC Converter Onshore at Nordhub / Heidehub on German mainland, 525kV 2 GW DC onshore cable systems from KAS to Onshore Converter and onshore Converter Station incl. auxiliary equipment. The Onshore Converters at Nordhub / Heidehub and 525kV 2 GW DC onshore cable systems from Nordhub / Heidehub to KAS (cable section station) are not part of this tender. These assets are part of TenneT’s project share and will be insured by them. Insured Interest: ‘All Risks’ of physical loss or physical damage in respect of the North Sea Connector 1 and North Sea Connector 2 projects plus removal of Wreck, Debris and Sue & Labour and other coverage as per wording. Insurance policy wording will grant seamless transition from Marine- to Construction Allrisk Insurance. Inception of insurance cover will be with start of first construction works estimated in Q2 2027. The insurance period will end with final taking-over of the whole project estimated in 2033, followed by 24 months of Extended Maintenance. Key facts of tendered Coverage: Combined Marine and Construction Allrisk Insurance for HV/DC Grid Connection Systems North Sea Connector 1 and North Sea Connector 2 with a total insurable value of approx. 9,8 billion EUR (Primary Policy). For North Sea Connector 1 and North Sea Connector 2, separate policies are required with Single Loss Limit 800,000,000 EUR for each project (not cumulative).

Berlin, German North Sea and German mainland, DE300, Germany

1) Tenders or requests to participate must be submitted via e-mail to the above mentioned address. 2) Tenders or requests to participate (including all information and documents) has to be submitted in English language. 3) Structure of tendering process: a) Participants in the call for proposals apply to take part in the competition using the application form. Here, they indicate whether they wish to apply for a leading role or for participation. Admission to participate in the tender will be decided after reviewing the applications received, taking into account the admission criteria specified in the application form. Bidders are entitled to offer a share of less than 100 %. By submitting of Participation Application Document the bidder has to declare if he is willing to lead the insurer consortium or not in case of assignment. This is subject to a proposed lead share of not less than 15 %. b) All bidders admitted to the competition will receive comprehensive risk information for review. c) All bidders admitted to the competition proposing just participation will be parked for a second round of the tender process (see article e) below). d) All bidders admitted to the competition proposing for a leading role will be requested to provide references for their experience by covering comparable projects as leading insurers together with their first indicative offer. With submitting of first indicative offer deviations to insurance terms and conditions can be proposed. The bidder cannot request that proposed deviations will be reflected in the final insurance terms and conditions. One prequalification criterion is that all these bidders aiming for a leading role will offer a minimum share of 15 %. Process for selection of bidders based on their first indicative offers for participation in negotiations: We reserve the right, just to negotiate with a limited number of 5 bidders about future insurance terms and conditions. If more than 5 bidders are aiming for a leading role, we will select the bidders based on the following criteria: Premium rate: 50 points Wording: 40 points Offered share: 10 points After negotiations with potential leading insurers about insurance terms and conditions these bidders will be asked for their binding final offer. The decision for the leading share can be amended to an application for a participation share during the initial tender phase after receiving the risk information along with the indicative offer. Applications for the leading share which are not considered will automatically participate in the request for participating shares. Insurer with highest ranking based on assessment above will be leading insurer to be appointed with final announcement after completion of this tender. e) Applications for the leading share which are not considered will automatically participate in the request for participating shares. The initial tender offers for the co-insurance shares / following markets will start once preferred leading insurer and leading insurance terms and conditions have been determined, with the intention to complete the panel of insurers of the tendered insurance in full following form without reservations. For the sake of clarity, initial tender offers for co-insurance shares with lower premium rates than determined lead terms will not be considered as deviation in this regard. Initial tender offers with deviations from determined terms and conditions will only be considered for completion of insurer consortium when 100 % coverage will not be achieved with offers without any deviations. Only in case of need, further rounds of negotiations will be carried out to complete the policy. The initial tender offers for the co-insurance share are binding for the defined timeframe and all tenderers are requested to submit their requests for amendments – if any – to the tendered policy draft with the initial tenders. 50Hertz Offshore GmbH will evaluate the initial tender offers on the basis of the defined selection criteria and will complete the panel of co-insurers accordingly. Selection criteria regarding best and final offer for the participating shares: Premium rate: 50 points Wording: 40 points Offered share: 10 points Those following share tenderers who do not accept full following form will be put on hold and invited to further negotiations only if acceptable results are not achieved. In this case further negotiating rounds will be carried out with the intention to complete the tendered policy on the basis of the award criteria as outlined above and further defined in the tender documents (e.g. as close as possible to full following form). The revised tenders must also be binding. 4) This tender is based on net premiums (without any brokerage commission). The employer appointed Nordwest Assekuranzmakler GmbH & Co. KG as insurance broker to service the tendered insurance contracts. The insurance broker will be remunerated on a fee base directly from the employer. The services of the insurance broker are not subject to this tender process.

Project related Third Party Liability Cover including Environmental Liability Cover and Environmental Impairment Cover including all deliverables and works of insured contractors. Works related to these projects will be performed onshore as well as offshore. This insurance will grant coverage for legal liability and – as far as explicit included - contractual liability - of co-insured contractors, subcontractors including joint-ventures working on this project, - of experts, architects, engineers, project manager (project developer, project controller) as well as specialist experts and safety coordinators, involved in the project, - freelancer with regard to claims, which will be incurred by performing works in the interest of the Principal Insured. With regard to co-insured contractors and their respective subcontractors is agreed that their own insurances will be primary to this insurance – this insurance will be valid after a deductible of 25,000,000 EUR. Keyfacts of tendered Coverage: Third Party Liability Cover including Environmental Liability Cover and Environmental Impairment Cover for HV/ DC Grid Connection subprojects LanWin 3 (part of Offshore Grid Connection System North Sea Connector 1) and LanWin 6 (part of Offshore Grid Connection System North Sea Connector 2) Limit of Liability: 50,000,000 EUR per occurrence and in the aggregate. For LanWin 3 (North Sea Connector 1) and LanWin 6 (North Sea Connector 2) separate policies are required with Limit of liability 50,000,000 EUR for each project applicable.

Berlin, German North Sea and German mainland., Berlin, German North Sea and German mainland, DE300, Germany

1) Tenders or requests to participate must be submitted via e-mail to the above-mentioned address. 2) Tenders or requests to participate (including all information and documents) has to be submitted in English language. 3) Structure of tendering process: a) Participants in the call for proposals apply to take part in the competition using the application form. Here, they indicate whether they wish to apply for a leading role or for participation. Admission to participate in the tender will be decided after reviewing the applications received, taking into account the admission criteria specified in the application form. Bidders are entitled to offer a lead share of less than 100 %. By submitting of Participation Application Document the bidder has to declare if he is willing to lead the insurer consortium or not in case of assignment. This is subject to a proposed share of not less than 15 %. b) All bidders admitted to the competition will receive comprehensive risk information for review. c) All bidders admitted to the competition proposing just participation will be parked for a second round of the tender process (see article e) below). d) All bidders admitted to the competition proposing for a leading role will be requested to provide references for their experience by covering comparable projects as leading insurers together with their first indicative offer. With submitting of first indicative offer deviations to insurance terms and conditions can be proposed. The bidder cannot request that proposed deviations will be reflected in the final insurance terms and conditions. One prequalification criterion is that all of these bidders aiming for a leading role will offer a minimum share of 15 %. Process for selection of bidders based on their first indicative offers for participation in negotiations: We reserve the right, just to negotiate with a limited number of 5 bidders about future insurance terms and conditions. If more than 5 bidders are aiming for a leading role, we will select the bidders based on the following criteria: Premium rate: 50 points Wording: 40 points Offered share: 10 points After negotiations with potential leading insurers about insurance terms and conditions these bidders will be asked for their binding final offer. The decision for the leading share can be amended to an application for a participation share during the initial tender phase after receiving the risk information along with the indicative offer. Applications for the leading share which are not considered will automatically participate in the request for participating shares. Insurer with highest ranking based on assessment above will be leading insurer to be appointed with final announcement after completion of this tender. e) Applications for the leading share which are not considered will automatically participate in the request for participating shares. The initial tender offers for the co-insurance shares / following markets will start once preferred leading insurer and leading insurance terms and conditions have been determined, with the intention to complete the panel of insurers of the tendered insurance in full following form without reservations. For the sake of clarity, initial tender offers for co-insurance shares with lower premium rates than determined lead terms will not be considered as deviation in this regard. Initial tender offers with deviations from determined terms and conditions will only be considered for completion of insurer consortium when 100 % coverage will not be achieved with offers without any deviations. Only in case of need, further rounds of negotiations will be carried out to complete the policy. The initial tender offers for the co-insurance share are binding for the defined timeframe and all tenderers are requested to submit their requests for amendments – if any – to the tendered policy draft with the initial tenders. 50Hertz Offshore GmbH will evaluate the initial tender offers on the basis of the defined selection criteria and will complete the panel of co-insurers accordingly. Selection criteria regarding best and final offer for the participating shares: Premium rate: 50 points Wording: 40 points Offered share: 10 points Those following share tenderers who do not accept full following form will be put on hold and invited to further negotiations only if acceptable results are not achieved. In this case further negotiating rounds will be carried out with the intention to complete the tendered policy policy on the basis of the award criteria as outlined above and further defined in the tender documents (e.g. as close as possible to full following form). The revised tenders must also be binding. 4) This tender is based on net premiums (without any brokerage commission). The employer appointed Nordwest Assekuranzmakler GmbH & Co. KG as insurance broker to service the tendered insurance contracts. The insurance broker will be remunerated on a fee base directly from the employer. The services of the insurance broker are not subject to this tender process.

Project related Third Party Liability Cover including Environmental Liability Cover and Environmental Impairment Cover and Professional Indemnity including all deliverables and works of insured contractors. Works related to these projects will be performed onshore. This insurance will grant coverage for legal liability and – as far as explicit included - contractual liability - of co-insured contractors, subcontractors including joint-ventures working on this project, - of experts, architects, engineers, project manager (project developer, project controller) as well as specialist experts and safety coordinators, involved in the project, - freelancer regarding claims, which will be incurred by performing works in the interest of the Principal Insured. Keyfacts of tendered Coverage: Third Party Liability Cover including Environmental Liability Cover, Environmental Impairment Cover and Professional Indemnity for HV/ DC Grid Connection subprojects DC31 (part of Offshore Grid Connection System North Sea Connector 1) and DC32 (part of Offshore Grid Connection System North Sea Connector 2). Limit of Liability: Bodily injury and property damage including consequential losses arising there of: 25,000,000 EUR per occurrence and three times in the aggregate. Professional Indemnity: 10,000,000 EUR per occurrence and three times in the aggregate. For DC31 (North Sea Connector 1) and DC32 (North Sea Connector 2) separate policies are required with Limit of liability 25,000,000 EUR / 10,000,000 EUR (as described above) for each project applicable.

Berlin, German mainland., Berlin, German mainland, DE300, Germany

1) Tenders or requests to participate must be submitted via e-mail to the above-mentioned address. 2) Tenders or requests to participate (including all information and documents) has to be submitted in English language. 3) Structure of tendering process: a) Participants in the call for proposals apply to take part in the competition using the application form. Here, they indicate whether they wish to apply for a leading role or for participation. Admission to participate in the tender will be decided after reviewing the applications received, taking into account the admission criteria specified in the application form. Bidders are entitled to offer a share of less than 100 %. By submitting of Participation Application Document the bidder has to declare if he is willing to lead the insurer consortium or not in case of assignment. This is subject to a proposed lead share of not less than 15 %. b) All bidders admitted to the competition will receive comprehensive risk information for review. c) All bidders admitted to the competition proposing just participation will be parked for a second round of the tender process (see article e) below). d) All bidders admitted to the competition proposing for a leading role will be requested to provide references for their experience by covering comparable projects as leading insurers together with their first indicative offer. With submitting of first indicative offer deviations to insurance terms and conditions can be proposed. The bidder cannot request that proposed deviations will be reflected in the final insurance terms and conditions. One prequalification criterion is that all these bidders aiming for a leading role will offer a minimum share of 15 %. Process for selection of bidders based on their first indicative offers for participation in negotiations: We reserve the right, just to negotiate with a limited number of 5 bidders about future insurance terms and conditions. If more than 5 bidders are aiming for a leading role, we will select the bidders based on the following criteria: Premium rate: 50 points Wording: 40 points Offered share: 10 points After negotiations with potential leading insurers about insurance terms and conditions these bidders will be asked for their binding final offer. The decision for the leading share can be amended to an application for a participation share during the initial tender phase after receiving the risk information along with the indicative offer. Applications for the leading share which are not considered will automatically participate in the request for participating shares. Insurer with highest ranking based on assessment above will be leading insurer to be appointed with final announcement after completion of this tender. e) Applications for the leading share which are not considered will automatically participate in the request for participating shares. The initial tender offers for the co-insurance shares / following markets will start once preferred leading insurer and leading insurance terms and conditions have been determined, with the intention to complete the panel of insurers of the tendered insurance in full following form without reservations. For the sake of clarity, initial tender offers for co-insurance shares with lower premium rates than determined lead terms will not be considered as deviation in this regard. Initial tender offers with deviations from determined terms and conditions will only be considered for completion of insurer consortium when 100 % coverage will not be achieved with offers without any deviations. Only in case of need, further rounds of negotiations will be carried out to complete the policy. The initial tender offers for the co-insurance share are binding for the defined timeframe and all tenderers are requested to submit their requests for amendments – if any – to the tendered policy draft with the initial tenders. 50Hertz Offshore GmbH will evaluate the initial tender offers on the basis of the defined selection criteria and will complete the panel of co-insurers accordingly. Selection criteria regarding best and final offer for the participating shares: Premium rate: 50 points Wording: 40 points Offered share: 10 points Those following share tenderers who do not accept full following form will be put on hold and invited to further negotiations only if acceptable results are not achieved. In this case further negotiating rounds will be carried out with the intention to complete the tendered policy policy on the basis of the award criteria as outlined above and further defined in the tender documents (e.g. as close as possible to full following form). The revised tenders must also be binding. 4) This tender is based on net premiums (without any brokerage commission). The employer appointed Nordwest Assekuranzmakler GmbH & Co. KG as insurance broker to service the tendered insurance contracts. The insurance broker will be remunerated on a fee base directly from the employer. The services of the insurance broker are not subject to this tender process.

Project related Third Party Liability Cover including Environmental Liability Cover and Environmental Impairment Cover and Professional Indemnity including all deliverables and works of insured contractors. Works related to these projects will be performed onshore. This insurance will grant coverage for legal liability and – as far as explicit included - contractual liability - of co-insured contractors, subcontractors including joint-ventures working on this project, - of experts, architects, engineers, project manager (project developer, project controller) as well as specialist experts and safety coordinators, involved in the project, - freelancer with regard to claims, which will be incurred by performing works in the interest of the Principal Insured. Keyfacts of tendered Coverage: Third Party Liability Cover including Environmental Liability Cover, Environmental Impairment Cover and Professional Indemnity for HV/ DC Grid Connection subprojects DC31 (part of Offshore Grid Connection System North Sea Connector 1) and DC32 (part of Offshore Grid Connection System North Sea Connector 2) Limit of Liability: Bodily injury and property damage including consequential losses arising there of: 25,000,000 EUR per occurrence and three times in the aggregate. In excess of underlying primary cover with limit of 25,000,000 EUR per occurrence and three times in the aggregate. Professional Indemnity: 10,000,000 EUR per occurrence and three times in the aggregate In excess of underlying primary cover with limit of 10,000,000 EUR per occurrence and three times in the aggregate. For DC31 (North Sea Connector 1) and DC32 (North Sea Connector 2) separate policies are required with Limit of liability 25,000,000 EUR / 10,000,000 EUR (as described above) for each project applicable.

Berlin, German mainland, Berlin, German mainland, DE300, Germany

1. Tenders or requests to participate must be submitted via e-mail to the above-mentioned address. 2. Tenders or requests to participate (including all information and documents) has to be submitted in English language. 2. Structure of tendering process: a) Participants in the call for proposals apply to take part in the competition using the application form. Here, they indicate whether they wish to apply for a leading role or for participation. Admission to participate in the tender will be decided after reviewing the applications received, taking into account the admission criteria specified in the application form. Bidders are entitled to offer a share of less than 100 %. By submitting of Participation Application Document the bidder has to declare if he is willing to lead the insurer consortium or not in case of assignment. This is subject to a proposed lead share of not less than 15 %. b) All bidders admitted to the competition will receive comprehensive risk information for review. c) All bidders admitted to the competition proposing just participation will be parked for a second round of the tender process (see article e) below). d) All bidders admitted to the competition proposing for a leading role will be requested to provide references for their experience by covering comparable projects as leading insurers together with their first indicative offer. With submitting of first indicative offer deviations to insurance terms and conditions can be proposed. The bidder cannot request that proposed deviations will be reflected in the final insurance terms and conditions. One prequalification criterion is that all these bidders aiming for a leading role will offer a minimum share of 15 %. Process for selection of bidders based on their first indicative offers for participation in negotiations: We reserve the right, just to negotiate with a limited number of 5 bidders about future insurance terms and conditions. If more than 5 bidders are aiming for a leading role, we will select the bidders based on the following criteria: Premium rate: 50 points Wording: 40 points Offered share: 10 points After negotiations with potential leading insurers about insurance terms and conditions these bidders will be asked for their binding final offer. The decision for the leading share can be amended to an application for a participation share during the initial tender phase after receiving the risk information along with the indicative offer. Applications for the leading share which are not considered will automatically participate in the request for participating shares. Insurer with highest ranking based on assessment above will be leading insurer to be appointed with final announcement after completion of this tender. e) Applications for the leading share which are not considered will automatically participate in the request for participating shares. The initial tender offers for the co-insurance shares / following markets will start once preferred leading insurer and leading insurance terms and conditions have been determined, with the intention to complete the panel of insurers of the tendered insurance in full following form without reservations. For the sake of clarity, initial tender offers for co-insurance shares with lower premium rates than determined lead terms will not be considered as deviation in this regard. Initial tender offers with deviations from determined terms and conditions will only be considered for completion of insurer consortium when 100 % coverage will not be achieved with offers without any deviations. Only in case of need, further rounds of negotiations will be carried out to complete the policy. The initial tender offers for the co-insurance share are binding for the defined timeframe and all tenderers are requested to submit their requests for amendments – if any – to the tendered policy draft with the initial tenders. 50Hertz Offshore GmbH will evaluate the initial tender offers on the basis of the defined selection criteria and will complete the panel of co-insurers accordingly. Selection criteria regarding best and final offer for the participating shares: Premium rate: 50 points Wording: 40 points Offered share: 10 points Those following share tenderers who do not accept full following form will be put on hold and invited to further negotiations only if acceptable results are not achieved. In this case further negotiating rounds will be carried out with the intention to complete the tendered policy policy on the basis of the award criteria as outlined above and further defined in the tender documents (e.g. as close as possible to full following form). The revised tenders must also be binding. 4) This tender is based on net premiums (without any brokerage commission). The employer appointed Nordwest Assekuranzmakler GmbH & Co. KG as insurance broker to service the tendered insurance contracts. The insurance broker will be remunerated on a fee base directly from the employer. The services of the insurance broker are not subject to this tender process.

Project related Third Party Liability Cover including Environmental Liability Cover and Environmental Impairment Cover including all deliverables and works of insured contractors. Works related to these projects will be performed onshore. This insurance will grant coverage for legal liability and – as far as explicit included - contractual liability - of co-insured contractors, subcontractors including joint-ventures working on this project, - of experts, architects, engineers, project manager (project developer, project controller) as well as specialist experts and safety coordinators, involved in the project, - freelancer regarding claims, which will be incurred by performing works in the interest of the Principal Insured. Keyfacts of tendered Coverage: Third Party Liability Cover including Environmental Liability Cover and Environmental Impairment Cover for HV/ DC Grid Connection subprojects DC31 (part of Offshore Grid Connection System North Sea Connector 1) and DC32 (part of Offshore Grid Connection System North Sea Connector 2) Limit of Liability: Bodily injury and property damage including consequential losses arising there of: 50,000,000 EUR per occurrence and two times in the aggregate. In excess of underlying primary cover and first excess layer with total limit of 50,000,000 EUR per occurrence and three times in the aggregate. For DC31 (North Sea Connector 1) and DC32 (North Sea Connector 2) separate policies are required with limit of liability 50,000,000 EUR (as described above) for each project applicable.

Berlin, German mainland., Berlin, German mainland., DE300, Germany

1) Tenders or requests to participate must be submitted via e-mail to the above-mentioned address. 2) Tenders or requests to participate (including all information and documents) has to be submitted in English language. 3) Structure of tendering process: a) Participants in the call for proposals apply to take part in the competition using the application form. Here, they indicate whether they wish to apply for a leading role or for participation. Admission to participate in the tender will be decided after reviewing the applications received, taking into account the admission criteria specified in the application form. Bidders are entitled to offer a share of less than 100 %. By submitting of Participation Application Document the bidder has to declare if he is willing to lead the insurer consortium or not in case of assignment. This is subject to a proposed lead share of not less than 15 %. b) All bidders admitted to the competition will receive comprehensive risk information for review. c) All bidders admitted to the competition proposing just participation will be parked for a second round of the tender process (see article e) below). d) All bidders admitted to the competition proposing for a leading role will be requested to provide references for their experience by covering comparable projects as leading insurers together with their first indicative offer. With submitting of first indicative offer deviations to insurance terms and conditions can be proposed. The bidder cannot request that proposed deviations will be reflected in the final insurance terms and conditions. One prequalification criterion is that all of these bidders aiming for a leading role will offer a minimum share of 15 %. Process for selection of bidders based on their first indicative offers for participation in negotiations: We reserve the right, just to negotiate with a limited number of 5 bidders about future insurance terms and conditions. If more than 5 bidders are aiming for a leading role, we will select the bidders based on the following criteria: Premium rate: 50 points Wording: 40 points Offered share: 10 points After negotiations with potential leading insurers about insurance terms and conditions these bidders will be asked for their binding final offer. The decision for the leading share can be amended to an application for a participation share during the initial tender phase after receiving the risk information along with the indicative offer. Applications for the leading share which are not considered will automatically participate in the request for participating shares. Insurer with highest ranking based on assessment above will be leading insurer to be appointed with final announcement after completion of this tender. e) Applications for the leading share which are not considered will automatically participate in the request for participating shares. The initial tender offers for the co-insurance shares / following markets will start once preferred leading insurer and leading insurance terms and conditions have been determined, with the intention to complete the panel of insurers of the tendered insurance in full following form without reservations. For the sake of clarity, initial tender offers for co-insurance shares with lower premium rates than determined lead terms will not be considered as deviation in this regard. Initial tender offers with deviations from determined terms and conditions will only be considered for completion of insurer consortium when 100 % coverage will not be achieved with offers without any deviations. Only in case of need, further rounds of negotiations will be carried out to complete the policy. The initial tender offers for the co-insurance share are binding for the defined timeframe and all tenderers are requested to submit their requests for amendments – if any – to the tendered policy draft with the initial tenders. 50Hertz Offshore GmbH will evaluate the initial tender offers on the basis of the defined selection criteria and will complete the panel of co-insurers accordingly. Selection criteria regarding best and final offer for the participating shares: Premium rate: 50 points Wording: 40 points Offered share: 10 points Those following share tenderers who do not accept full following form will be put on hold and invited to further negotiations only if acceptable results are not achieved. In this case further negotiating rounds will be carried out with the intention to complete the tendered policy policy on the basis of the award criteria as outlined above and further defined in the tender documents (e.g. as close as possible to full following form). The revised tenders must also be binding. 4) This tender is based on net premiums (without any brokerage commission). The employer appointed Nordwest Assekuranzmakler GmbH & Co. KG as insurance broker to service the tendered insurance contracts. The insurance broker will be remunerated on a fee base directly from the employer. The services of the insurance broker are not subject to this tender process.

Contracting authorities1

5G

VAT 813473551

deBerlin, Germany
[email protected]

Lots5

Documentation0

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Award criteria0

No procedure-level award criteria recorded.

Participants0

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