CAR Insurance Offshore for Operation and Maintenance (CAR O&M)

TenneT intends to conclude a framework contract for an assembly insurance (CAR including installation, construction work, transport and liability (section II)) for short-term operation and maintenance measures, e.g. Cable repair or complex maintenance works on German and Dutch assets of offshore grid connection systems. This “CAR O&M” insurance is intended to cover material damage resulting from such O&M works at operational plants primary to the existing cover of the offshore machinery insurance. The Framework Agreement has 3 lots, cable repair (lot 1), standard O&M activities (lot 2) and non-standard O&M activities (lot 3). Specific demands will be tendered via a specific call-off from the Framework Agreement. Lot 1 and Lot 2 are going to be tendered as first call-off directly after signing the Framework Agreement with a duration corresponding with the Framework Agreement itself. Call-offs for this Framework Agreement are subject to the existence of relevant O&M works.