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GASCADE GASTRANSPORT GMBH has floated a tender for Oal Betriebsversicherung. The project location is Germany and the tender is closing on 18 Feb 2025. The tender notice number is 34056-2025, while the TOT Ref Number is 113276324. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.
Procurement Summary
Country : Germany
Summary : Oal Betriebsversicherung
Deadline : 18 Feb 2025
Other Information
Notice Type : Tender
TOT Ref.No.: 113276324
Document Ref. No. : 34056-2025
Competition : ICB
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
On GASCADE and OAL The asset: The purpose of this tender is to place Operational All Risks Physical Damage Insurance (OAR PD) for the Ostsee Anbindungsleitung (OAL) with an exclusion for Terror Risk and a limit of liability of 75, 0 million Euro with a leading share of at least 20% or 15 million Euro capacity (based on the combined single limit) of the written lines and following markets which preferably accept full following form without reservations. OAL does not intend to place Business Interruption insurance. The awarded candidate must collaborate with OAL's mandated insurance broker, being Nordwest Assekuranzmakler GmbH & Co. KG. The OAL as a nearshore subsea pipeline connects the liquefied natural gas (LNG) terminal in the port of Mukran with the German pipeline system in Lubmin. GASCADE completed construction of the approximately 50-kilometre-long offshore pipeline in January 2024. OAL is fully operational and free of known losses in the operational phase. OAL is a joint co-ownership (Bruchteilsgemeinschaft) pursuant to sections 741 et seq. BGB between GASCADE Gastransport GmbH (75% co-ownership share) and Fluxys Deutschland GmbH (25% co-ownership share). GASCADE assumes the technical and commercial management of the asset. Policyholder will be GASCADE. The interest of both parties will be insured (Fluxys co-insured). Further details will be provided along with the Invitation To Tender (ITT), including but not limited to a policy wording, an informative and not conclusi...
Document Type: Contract Notice
Reference Number: 2025-004
Contract Type: services
Authority Type: pub-undert-cga
Doc Title: OAL Betriebsversicherung
Dispatch Date: 2025-01-16
Publish Date: 2025-01-17
Submission Date: 2025-02-18
Documents
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