Contractor risk insurance services

Summary

The tender concerns contractor risk insurance services for the Fehmarnsund project, which includes a combined rail and road immersed tunnel. The contract will replace an existing insurance contract. The project value is estimated at EUR 3.49 billion, with about EUR 100 million already settled under an existing contract. The planned construction period currently runs until 31 December 2033. The insurance starts on the award date after the current interim cover ends. Key terms such as cover sums, deductibles and capacities are part of the negotiations.