Germany, Netherlands – Reinsurance services – TenneT Reinsurance N.V. - Retrocession / Structured Reinsurance

Description

TenneT Reinsurance N.V. (TenneT Re) was established as a reinsurance captive insuring the retained risks for the offshore related insurances. In accordance with the submission of the captive business plan to the regulator, TenneT Re requires a reinsurer(s) to provide P&L support once losses within the primary €20m layer exceed €80m annually. In that respect TenneT Re is looking for an experienced, reliable, and highly professional reinsurance partner(s). The contracting authority is TenneT Reinsurance N.V. TenneT is a leading European Transmission System Operator (TSO) with its main activities in the Netherlands and Germany. With more than 23,000 kilometres of high-voltage lines, we ensure a reliable and secure supply of electricity to 41 million end-users. With approximately 4,500 employees, we realise a turnover of EUR 4.2 billion and a total asset value of EUR 22 billion. TenneT is one of the largest investors in national and international electricity grids on land and at sea. Our focus is on developing an integrated Northwest European energy market and facilitating the energy transition. TenneT is committed to meeting society's needs by being responsible, engaged and connected. Taking power further. TenneT Reinsurance N.V. is a fully-owned reinsurance company, domiciled in the Netherlands. Tender Procedure TenneT is a "contracting entity" subject to the Public Procurement Act 2012. The notice for this Call for Competition will be published via tender platform Mercell Source-to-Contract to the Official Journal of the European Union available at http://ted.europa.eu. The Call for Competition will be based on the negotiated procedure with prior publication, which means that initially an interested market party may apply as a Candidate. Details on general tender procedure can be found in the document "Procedure Guidelines". Please note: TenneT reserves the right to directly award the contract to the initial tenderers on the basis of the published evaluation procedure without negotiations (§ 15 (4) SektVO). In that respect initial offers need to be binding. Award Criteria "Price" / weighting: 50% "Technical Concept" / weighting: 50 % In order to protect the confidentiality of the information provided by the client in the tender documents, it is mandatory to conclude a confidentiality Agreement as per "NDA" document provided for download via Mercell. Please send the signed and stamped copy to: michael.gerlich@tennet.eu After sending the NDA and a plausibility check by the Client, the Client will grant the interested parties access to the tender by Email. After registering for the tender at Mercell Source-to-Contract, you will find all tender documents in the call for competition phase under "Questionnaires", section "Call for Competition", question 1.1. The bidder can not deduce eligibility for participation only from signing and submitting the NDA. TenneT will only accept tenderers who successfully qualify during the call for competition phase to participate in the offer phase. The application for the call for competition must be submitted in due time and no later than by 21.11.2024 at 12:00 CET via the e-Award platform Mercell Source-to-Contract. Individual extensions of time will not be granted. Please start your upload process early enough. Submission of the request to participate (applications) by Email, mail or fax are not permitted. A violation of this requirement will lead to disqualification of the applicant and exclusion from the tender process. Please make sure to familiarize yourself with the Schedule, Questionnaires, Messages section and the Q&A section early enough and thoroughly read through all relevant documents. In case of technical difficulties, please reach out to Mercell: Servicedesk Mercell: support-nl@mercell.com Phone: +31 (0) 85-001 4593 Opening hours: 9:00-17:00 CET

Key facts

Procedure

neg-w-call

Submit via

https://s2c.mercell.com/today/117507

Contact

michael.gerlich@tennet.eu

Contract period

1 Jan 2025 → 31 Dec 2029

Regime

utilities

Category

services