Construction All Risk (CAR) Insurance BorWin5 (Assembly, Construction, Transport, Liability)

TenneT intends to conclude a contract for an assembly insurance (CAR) including installation, construction work, transport and liability (section II)) for the construction and commissioning of its offshore grid connection system ‘BorWin5’ in the German North Sea. The offshore grid connection system includes a land station, land cable (DC), submarine cable (DC) and offshore substation. Other cable systems (AC) are possible. The insurance concept consists of a project insurance, which is divided into different lots. Detailed information on each lot can be found in the specific sections of this notification. The implementation of the tender will depend on the underlying design of the offshore power system BorWin5. Every candidate can only once apply for lot 1 and once for lot 2 or once for both lots. This has to be clearly stated in the application documentation. The minimum share for lot 1 must be 15 %.