INTERRUPTION NOTICE: Property Damage and Business Interruption Insurance 2026

We are pleased to invite you to participate in the public tender in respect of the Property Damage and Business Interruption Insurance for Turun Seudun Energiantuotanto Oy, hereinafter called TSE. The insurance to be purchased covers the following TSE owned facilities: - Naantali 1, Naantali 2 and Naantali 3 decomissioned …

CPV: 66515000 Services d'assurance dommages ou pertes
Lieu d'exécution:
INTERRUPTION NOTICE: Property Damage and Business Interruption Insurance 2026
Service d'adjudication:
Turun Seudun Energiantuotanto Oy
Numéro d'adjudication:
557527

1. Buyer

1.1 Buyer

Official name : Turun Seudun Energiantuotanto Oy
Legal type of the buyer : Body governed by public law
Activity of the contracting authority : General public services
Activity of the contracting entity : Production, transport or distribution of gas or heat

2. Procedure

2.1 Procedure

Title : INTERRUPTION NOTICE: Property Damage and Business Interruption Insurance 2026
Description : We are pleased to invite you to participate in the public tender in respect of the Property Damage and Business Interruption Insurance for Turun Seudun Energiantuotanto Oy, hereinafter called TSE. The insurance to be purchased covers the following TSE owned facilities: - Naantali 1, Naantali 2 and Naantali 3 decomissioned power plants (buildings to be insured on new replacement value basis, machinery to be insured on debris removal value basis) - Naantali CHP 4 power plant (All Risks Property Damage and Business Interruption Insurance) - Oriketo heating plant (All Risks Property Damage and Business Interruption Insurance) - Kakola pump station (All Risks Property Damage and Business Interruption Insurance). The content of the procurement is presented in more detail in "Appendix 1 - UW Submission TSE 2026 PDBI Insurance_v1_20250508 and "Appendix 2 - DRAFT PD AND BI Insurance 2026_TSE_v1_20250508”. The All Risks Property Damage and Business Interruption Insurance is purchased as valid in the form of “1+1+1+1” years. The first Policy Period is from 1.1.2026 to 31.12.2026 and to be renewed annually January 1st. This submission includes a great deal of underwriting information and analysis. We believe the information to be reasonable portrayal of the risks included in this insurance placement. However, participating insurers/reinsurers agree that the submission should be viewed as general information only and nothing in the submission is a condition or warranty or statement of material fact. The risk survey report of TSE, loss statistics and the schedule of sums insured for the insured locations will be provided only on request and subject to a signed NDA. The NDA; Appendix 6 - TSE NDA form is available in Cloudia Tarjouspalvelu. The procurement is conducted on negotiation basis and the valid regulations for public procurement of utilities sector legislation are followed.
Procedure identifier : 56f04ccb-1aec-4e33-bfbf-036a0f1b3df6
Previous notice : 6c47d3d1-5042-47fa-b03c-689193a31ecc-01
Internal identifier : 557527
Type of procedure : Negotiated with prior publication of a call for competition / competitive with negotiation
The procedure is accelerated : no
Justification for the accelerated procedure :
Main features of the procedure : The Phases of the Public Procurement This public procurement exceeds the EU procurement threshold value. The procurement is conducted on negotiation basis and the valid regulations for public procurement of utilities sector legislation are followed. Phase 1) – Invitation to submit your application to participate in the public tender This invitation to participate in the public tender has been drawn up to serve as a basis for procurement negotiations. Qualification criteria for the phase 1) is described in the ESPD form and Invitation to participate . In order to avoid any misunderstandings TSE wishes to emphasize that the aim of this invitation is only to submit your applications without providing any binding tenders with pricing or other information regarding the terms and conditions. Phase 2) – Negotiations This public procurement exceeds the EU procurement threshold value. The procurement is conducted on negotiation basis and the valid regulations for public procurement of utilities sector legislation are followed. Invitations to the negotiations shall be sent to the qualified applicants who have qualified themselves to the qualification criteria as defined in the ESPD form and Invitation to participate and who have submitted their applications in the requested time, to participate in the public tender. In the negotiation phase you are requested to give: a) your desired share of the risk for the lead position and follow position in TSE’s property insurance or; b) your desired share of the risk for the follow position in TSE's property insurance; c) your initial premium and premium rate indications for the lead and/or follow position (on 100 % basis); d) your comments on the specifications of coverage as stated in the Appendix 2 - DRAFT PD AND BI Insurance 2026_TSE_v1_20250508. If you are unable to meet the requirements in accordance with the specifications stated in the Appendix 2, we request that you explicitly state this during the negotiations. TSE reserves the right to utilize material received from the candidates during the negotiations and reserves the right to accept or deny the proposed amendments/exclusion in the terms and conditions. All changes will be communicated to the applicants. Any comments to premiums or premium rates or share of the risk will not be shared with the applicants. Tentative minimum requirements of the final tender are as follows: a) Quoted lead share and quoted follow share of the risk or quoted follow share of the risk; b) Loss limit EUR 250 000 000 each and every loss combined Property Damage and Business Interruption; c) Sublimit for the specified named suppliers/receivers as stated in the Appendix 2; d) Deductible – Property Damage EUR 500 000 each and every loss; e) Deductible – Business Interruption: Waiting period 30 days and minimum EUR 3,000,000 per each and every loss. Phase 3) – Final invitation to the public tender In the final tender phase you will be invited to submit your binding tender subject to the specifications of coverage as set in the negotiations in phase 2). The final winning tender(s) shall be selected merely based on lowest premiums quoted for the combination of both lead and follow positions, calculated on gross basis incl. taxes and any other fees, as a sum of property damage and business interruption insurance.

2.1.1 Purpose

Main nature of the contract : Services
Main classification ( cpv ): 66515000 Damage or loss insurance services

2.1.2 Place of performance

Country subdivision (NUTS) : Varsinais-Suomi ( FI1C1 )
Country : Finland

2.1.4 General information

Legal basis :
Directive 2014/25/EU

5. Lot

5.1 Lot technical ID : LOT-0000

Title : INTERRUPTION NOTICE: Property Damage and Business Interruption Insurance 2026
Description : We are pleased to invite you to participate in the public tender in respect of the Property Damage and Business Interruption Insurance for Turun Seudun Energiantuotanto Oy, hereinafter called TSE. The insurance to be purchased covers the following TSE owned facilities: - Naantali 1, Naantali 2 and Naantali 3 decomissioned power plants (buildings to be insured on new replacement value basis, machinery to be insured on debris removal value basis) - Naantali CHP 4 power plant (All Risks Property Damage and Business Interruption Insurance) - Oriketo heating plant (All Risks Property Damage and Business Interruption Insurance) - Kakola pump station (All Risks Property Damage and Business Interruption Insurance). The content of the procurement is presented in more detail in "Appendix 1 - UW Submission TSE 2026 PDBI Insurance_v1_20250508 and "Appendix 2 - DRAFT PD AND BI Insurance 2026_TSE_v1_20250508”. The All Risks Property Damage and Business Interruption Insurance is purchased as valid in the form of “1+1+1+1” years. The first Policy Period is from 1.1.2026 to 31.12.2026 and to be renewed annually January 1st. This submission includes a great deal of underwriting information and analysis. We believe the information to be reasonable portrayal of the risks included in this insurance placement. However, participating insurers/reinsurers agree that the submission should be viewed as general information only and nothing in the submission is a condition or warranty or statement of material fact. The risk survey report of TSE, loss statistics and the schedule of sums insured for the insured locations will be provided only on request and subject to a signed NDA. The NDA; Appendix 6 - TSE NDA form is available in Cloudia Tarjouspalvelu. The procurement is conducted on negotiation basis and the valid regulations for public procurement of utilities sector legislation are followed.
Internal identifier : 557527

5.1.1 Purpose

Main nature of the contract : Services
Main classification ( cpv ): 66515000 Damage or loss insurance services

5.1.2 Place of performance

Country subdivision (NUTS) : Varsinais-Suomi ( FI1C1 )
Country : Finland
Additional information :

5.1.6 General information

The procurement is covered by the Government Procurement Agreement (GPA) : yes

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 : Markkinaoikeus -
Organisation providing additional information about the procurement procedure : Turun Seudun Energiantuotanto Oy -

6. Results

6.1 Result lot ldentifier : LOT-0000

No winner was chosen and the competition is closed.
The reason why a winner was not chosen : Decision of the buyer, not following a tenderer's request to review the award, because of technical or procedural errors

6.1.4 Statistical information

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

8. Organisations

8.1 ORG-0001

Official name : Markkinaoikeus
Registration number : 3006157-6
Postal address : Radanrakentajantie 5
Town : Helsinki
Postcode : 00520
Country subdivision (NUTS) : Helsinki-Uusimaa ( FI1B1 )
Country : Finland
Telephone : +358 295643300
Roles of this organisation :
Review organisation

8.1 ORG-0002

Official name : Turun Seudun Energiantuotanto Oy
Registration number : 1730092-3
Postal address : Satamatie 16
Town : Naantali
Postcode : 21100
Country subdivision (NUTS) : Varsinais-Suomi ( FI1C1 )
Country : Finland
Contact point : Willis Towers Watson Oy / Teemu Paavonen
Telephone : +358 405257238
Internet address : https://www.tset.fi
Roles of this organisation :
Buyer
Organisation providing additional information about the procurement procedure

8.1 ORG-0003

Official name : Hansel Oy (Hilma)
Registration number : FI09880841
Postal address : Mannerheiminaukio 1a
Town : Helsinki
Postcode : 00100
Country subdivision (NUTS) : Helsinki-Uusimaa ( FI1B1 )
Country : Finland
Contact point : eSender
Telephone : 029 55 636 30
Roles of this organisation :
TED eSender

11. Notice information

11.1 Notice information

Notice identifier/version : d6fdd716-b44d-44ad-b30b-0ab543280f26 - 01
Form type : Result
Notice type : Contract or concession award notice – standard regime
Notice dispatch date : 10/06/2025 11:58 +00:00
Notice dispatch date (eSender) : 10/06/2025 12:00 +00:00
Languages in which this notice is officially available : English

11.2 Publication information

Notice publication number : 00375914-2025
OJ S issue number : 110/2025
Publication date : 11/06/2025