The Fehmarnbelt Fixed Link Project (“Project”) is the final stage in the realisation of a straight traffic corridor between Scandinavia and continental Europe. This is going to be an immersed tunnel containing 2 dual carriageways and a twin-track railway subject to plan approvals. It will traverse the 19 km distance across the Fehmarnbelt between Lolland in Denmark and Puttgarden in northern Germany.
The works covered by the policy have an estimated value of 5 379 000 000 EUR.
Femern A/S requires insurance services related to construction of the Fehmarnbelt Fixed Link comprising:
Lot 1: Construction “All Risks” and Third Party Liability Insurance;
Lot 2: Excess Third Party Liability Insurance.
This procurement calls for tenders for lead-insurers on the above 2 lots. The capacity and excess layers on each lot are described in Section II.2.4). The procedure will be followed by a call for tenders for co-insurers.