CAR/EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse

By & Havn has entered into three contracts regarding a CAR/EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse with an insured sum of DKK 3,2bn. The insurance is a project specific Construction All Risk (CAR) & Erection All Risk (EAR) insurance for the construction …

CPV: 66510000 Versicherungen, 66000000 Finanz- und Versicherungsdienstleistungen
Ausführungsort:
CAR/EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse
Vergabestelle:
Udviklingsselskabet By & Havn I/S
Vergabenummer:
b548458f-f450-4bee-bedf-09b1e0ca7206

1. Buyer

1.1 Buyer

Official name : Udviklingsselskabet By & Havn I/S
Legal type of the buyer : Body governed by public law
Activity of the contracting authority : Housing and community amenities

2. Procedure

2.1 Procedure

Title : CAR/EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse
Description : By & Havn has entered into three contracts regarding a CAR/EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse with an insured sum of DKK 3,2bn. The insurance is a project specific Construction All Risk (CAR) & Erection All Risk (EAR) insurance for the construction and installation of the new UNICEF Campus 4 warehouse. The insurance shall cover both the construction and civil works (under the CWC/BYG contract) and the material handling works (under the MHE contract). The insurance is to be primary to other insurances and provide coverage to property damage to the works, property damage to existing property and liability for third party for owner.
Procedure identifier : 1dcc991a-4d52-474d-8008-3411dc1b4258
Previous notice : 580219-2025
Internal identifier : b548458f-f450-4bee-bedf-09b1e0ca7206
Type of procedure : Negotiated without prior call for competition

2.1.1 Purpose

Main nature of the contract : Services
Main classification ( cpv ): 66510000 Insurance services
Additional classification ( cpv ): 66000000 Financial and insurance services

2.1.2 Place of performance

Country : Denmark
Anywhere in the given country

2.1.3 Value

Estimated value excluding VAT : 5 600 000 Danish krone

2.1.4 General information

Legal basis :
Directive 2014/24/EU

5. Lot

5.1 Lot technical ID : LOT-0000

Title : CAR/EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse
Description : By & Havn has entered into three contracts regarding a CAR/EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse with an insured sum of DKK 3,2bn. The insurance is a project specific Construction All Risk (CAR) & Erection All Risk (EAR) insurance for the construction and installation of the new UNICEF Campus 4 warehouse. The insurance shall cover both the construction and civil works (under the CWC/BYG contract) and the material handling works (under the MHE contract). The insurance is to be primary to other insurances and provide coverage to property damage to the works, property damage to existing property and liability for third party for owner.
Internal identifier : 931fe679-0f66-4b72-bda3-ed6757074b95

5.1.1 Purpose

Main nature of the contract : Services
Main classification ( cpv ): 66510000 Insurance services
Additional classification ( cpv ): 66000000 Financial and insurance services

5.1.2 Place of performance

Country : Denmark
Anywhere in the given country
Additional information :

5.1.3 Estimated duration

Duration : 68 Month

5.1.4 Renewal

Maximum renewals : 1
Other information about renewals : In the event that the completion date for the construction and civil works (under the CWC/BYG contract) and the material handling works (under the MHE contract) is delayed, the insurance can be automatically extended regardless of claims. The first 4 months with no additional premium. Any additional premium thereafter is to be agreed with insurers but not to excess pro rata temporis. The insurance period used for the calculation of pro rata temporis shall include the extended maintenance period.

5.1.5 Value

Estimated value excluding VAT : 5 600 000 Danish krone

5.1.6 General information

Procurement Project not financed with EU Funds.
The procurement is covered by the Government Procurement Agreement (GPA) : yes

5.1.10 Award criteria

Criterion :
Type : Price
Description : Price
Category of award threshold criterion : Weight (percentage, exact)
Award criterion number : 100

5.1.15 Techniques

Framework agreement :
No framework agreement
Information about the dynamic purchasing system :
No dynamic purchase system

5.1.16 Further information, mediation and review

Review organisation : Klagenævnet for Udbud
Information about review deadlines : The Danish Complaints Board for Public Procurement Act (Act no. 593 of 02.06.2016 which is available at www.retsinformation.dk. ) contains the regulation governing deadlines for review procedures regarding public procurement under Danish law. Complaints regarding the award of the contracts must be lodged with the Danish Complaints Board for Public Procurement within 45 days after the day on which By & Havn has published this contract award notice in the Official Journal of the European Union.
Organisation providing more information on the review procedures : Konkurrence- og Forbrugerstyrelsen
Organisation whose budget is used to pay for the contract : Udviklingsselskabet By & Havn I/S
Organisation executing the payment : Udviklingsselskabet By & Havn I/S
Organisation signing the contract : Udviklingsselskabet By & Havn I/S

6. Results

Value of all contracts awarded in this notice : 56 000 000 Danish krone
Direct award :
Justification for direct award : No suitable tenders, requests to participate, or applications were received in response to a previous notice
Other justification : In the tendering procedure 320677-2025 ”CAR /EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse”. Udviklingsselskabet By & Havn I/S (B&H) intended to prequalify 20 candidates in order to ensure a 100 % capacity on the CAR/EAR insurance. However, only three candidates requested participation and only two submitted initial offers in due time with a total offered capacity of 40%. By & Havn has assessed, that it will not be possible to reach 100% capacity through negotiations based on the two received initial offers. Based on the limited interest in the tendering procedure and limited capacity offered by the tenderers, By & Havn decided to cancel the tendering procedure and proceed with direct awards. By & Havn has assessed that a re-tendering procedure will not change the field of potential interested candidates. As "no suitable tenders, requests to participate, or applications were received in response to the previous notice” By & Havn has assessed it necessary to enter into negotiations with several insurance companies in order to acquire the necessary insurance with a 100 % coverage. A CAR/EAR insurance is a project specific insurance and is to be primary to other insurances and provide coverage to property damage to the works, property damage to existing property and liability for third party for owner. There is a limited appetite from the insurance market for this type of insurance due to the requested limit of coverage. Due to the specific nature of the insurance and based on the risk profile of this type of insurance, By & Havn assessed that it will not be possible for one insurance company to offer 100% coverage considering the insured sum of DKK 3,2bn. The risk profile of insurance companies often only allows a maximum insurance sum of for example DKK 1 billion or a share between 5% and 50% for projects such as the design, construction & installation of the new UNICEF Campus 4 warehouse. It is therefore also necessary to conclude several individual direct awards in order to achieve 100% coverage. As a CAR/EAR insurance is rare and burdensome, it is By &Havn’s assessment, after attempting to carry out a flexible tendering procedure, with the possibility of partial coverage in order to try to arouse interest in the tendering procedure, that it is not possible to obtain 100% coverage by carrying out another tendering procedure, which is supported by the fact that By & Havn only received three applications and only two tenders with a total offered capacity of 40% in the previous tendeirng procedure. In order to obtain the necessary coverage By & Havn has deemed it necessary to proceed with direct awards. By & Havn has entered into contract with Zurich Danmark, filial af Zurich Insurance Europe AG Tyskland for 50% capacity, CHUBB EUROPEAN GROUP, DANMARK, FILIAL AF CHUBB EUROPEAN GROUP SE for 27.5% and Tryg Forsikring A/S for 22.5%.

6.1 Result lot ldentifier : LOT-0000

At least one winner was chosen.

6.1.2 Information about winners

Winner :
Official name : Zurich Danmark, filial af Zurich Insurance Europe AG, Tyskland
Tender :
Tender identifier : Zurich
Identifier of lot or group of lots : LOT-0000
Value of the tender : 2 800 000 Danish krone
Subcontracting : No
Contract information :
Identifier of the contract : Zurich Danmark
Title : CAR/EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse
Date on which the winner was chosen : 10/10/2025
Date of the conclusion of the contract : 10/10/2025
Organisation signing the contract : Udviklingsselskabet By & Havn I/S
Winner :
Official name : CHUBB EUROPEAN GROUP, DANMARK, FILIAL AF CHUBB EUROPEAN GROUP SE
Tender :
Tender identifier : CHUBB
Identifier of lot or group of lots : LOT-0000
Value of the tender : 1 540 000 Danish krone
Subcontracting : No
Contract information :
Identifier of the contract : CHUBB EUROPEAN GROUP, DANMARK
Title : CAR/EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse
Date on which the winner was chosen : 10/10/2025
Date of the conclusion of the contract : 10/10/2025
Organisation signing the contract : Udviklingsselskabet By & Havn I/S
Winner :
Official name : Tryg Forsikring A/S
Tender :
Tender identifier : Tryg
Identifier of lot or group of lots : LOT-0000
Value of the tender : 1 260 000 Danish krone
Subcontracting : No
Contract information :
Identifier of the contract : Tryg Forsikring A/S
Title : CAR/EAR insurance for the construction & installation of the new UNICEF Campus 4 warehouse
Date on which the winner was chosen : 10/10/2025
Date of the conclusion of the contract : 10/10/2025
Organisation signing the contract : Udviklingsselskabet By & Havn I/S

6.1.4 Statistical information

Received tenders or requests to participate :
Type of received submissions : Tenders
Number of tenders or requests to participate received : 3

8. Organisations

8.1 ORG-0001

Official name : Udviklingsselskabet By & Havn I/S
Registration number : 30823702
Postal address : Nordre Toldbod 7
Town : København K
Postcode : 1259
Country subdivision (NUTS) : Byen København ( DK011 )
Country : Denmark
Contact point : Tanja Goth-Eriksen
Telephone : 25263467
Internet address : https://byoghavn.dk/
Roles of this organisation :
Buyer
Organisation signing the contract
Organisation whose budget is used to pay for the contract
Organisation executing the payment

8.1 ORG-0002

Official name : Klagenævnet for Udbud
Registration number : 37795526
Postal address : Toldboden 2
Town : Viborg
Postcode : 8800
Country subdivision (NUTS) : Vestjylland ( DK041 )
Country : Denmark
Contact point : Klagenævnet for Udbud
Telephone : +45 72405600
Roles of this organisation :
Review organisation

8.1 ORG-0003

Official name : Konkurrence- og Forbrugerstyrelsen
Registration number : 10294819
Postal address : Carl Jacobsens Vej 35
Town : Valby
Postcode : 2500
Country subdivision (NUTS) : Byen København ( DK011 )
Country : Denmark
Contact point : Konkurrence- og Forbrugerstyrelsen
Telephone : +45 41715000
Internet address : https://www.kfst.dk
Roles of this organisation :
Organisation providing more information on the review procedures

8.1 ORG-0004

Official name : Zurich Danmark, filial af Zurich Insurance Europe AG, Tyskland
Size of the economic operator : Large
Registration number : 31184606
Postal address : Store Kongensgade 68, 1. sal
Town : København
Postcode : 1264
Country subdivision (NUTS) : Byen København ( DK011 )
Country : Denmark
Contact point : Johan Nissen
Telephone : +45 2843 6601
Roles of this organisation :
Tenderer
Winner of these lots : LOT-0000

8.1 ORG-0005

Official name : CHUBB EUROPEAN GROUP, DANMARK, FILIAL AF CHUBB EUROPEAN GROUP SE
Size of the economic operator : Large
Registration number : 27385931
Postal address : Kalvebod Brygge 45, 2. sal
Town : København
Postcode : 1560
Country subdivision (NUTS) : Byen København ( DK011 )
Country : Denmark
Contact point : Henrik Møller
Telephone : 26473539
Roles of this organisation :
Tenderer
Winner of these lots : LOT-0000

8.1 ORG-0006

Official name : Tryg Forsikring A/S
Size of the economic operator : Large
Registration number : 24260666
Postal address : Klausdalsbrovej 601
Town : Ballerup
Postcode : 2750
Country subdivision (NUTS) : Københavns omegn ( DK012 )
Country : Denmark
Contact point : Lars Dehn
Telephone : 41862173
Roles of this organisation :
Tenderer
Winner of these lots : LOT-0000

8.1 ORG-0007

Official name : Mercell Holding ASA
Registration number : 980921565
Postal address : Askekroken 11
Town : Oslo
Postcode : 0277
Country subdivision (NUTS) : Oslo ( NO081 )
Country : Norway
Contact point : eSender
Telephone : +47 21018800
Fax : +47 21018801
Internet address : http://mercell.com/
Roles of this organisation :
TED eSender

Notice information

Notice identifier/version : 11d01640-9acf-4649-b4d6-4fb268509fc4 - 01
Form type : Result
Notice type : Contract or concession award notice – standard regime
Notice dispatch date : 15/10/2025 09:44 +00:00
Notice dispatch date (eSender) : 15/10/2025 11:24 +00:00
Languages in which this notice is officially available : English
Notice publication number : 00680039-2025
OJ S issue number : 199/2025
Publication date : 16/10/2025