Tenders/Insurance Broker NordOstLink & MultiHUB
Awarded🇩🇪GermanyServices

Insurance Broker NordOstLink & MultiHUB

Auto-translated from German
Original title: Versicherungsmakler NordOstLink & MultiHUB
TenneT TSO GmbH
Published: Sep 15, 2026
Updated: Sep 15, 2026
Source: TED - Tenders Electronic Daily (EU)

About This Opportunity

This is a services contract in the finance and banking sector. Located in Germany, Europe, this opportunity is open to firms and consortiums, with an estimated budget of EUR 1.4 million.

Published through TED - Tenders Electronic Daily (EU), a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

Description

Auto-translated from German
As part of the onshore grid expansion, the contracting authority intends to award insurance broker services for the TenneT projects/sections of NordOstLink and MultiHUBs. Project Information: The German federal government has set ambitious goals: Renewable energies are to cover up to 80% of Germany's electricity demand by 2030. Offshore wind power plays a particularly important role – by 2045, the installed capacity of offshore wind farms in the North Sea is to be expanded from the current approx. 9 gigawatts to 70 gigawatts. In Schleswig-Holstein, more renewable energy is already being generated today, both at sea and on land, than can be consumed. The more wind turbines turn on the coast every day, the more energy needs to be transported via the power grids. The NordOstLink will in future bring wind energy directly from the west coast to the region and make it usable where it is generated. The NordOstLink is a high-voltage direct current transmission line that connects the HeideHub in the Dithmarschen district with the Mühlenbeck grid connection point near Schwerin over approx. 200 km. The project consists of several direct current connections: the onshore lines DC31 and DC32, and up to five offshore lines in sections (LanWin6, LanWin7, NOR-x-3, NOR-x-6, NOR-x-9), which bring electricity from offshore wind farms to land. All lines will be laid bundled in a main route – depending on the section, with two to six parallel direct current connections. In accordance with legal requirements, the line is planned as a 525-kilovolt underground cable. Construction is scheduled to begin in 2028. Commissioning is expected in 2032. The two transmission system operators TenneT Germany and 50Hertz are jointly implementing the project in five planning sections. TenneT Germany is responsible for sections SH1, SH2, and SH3. 50Hertz is responsible for sections SHMV4 and MV5 (not within the scope of this tender). To ensure that the electricity transported by NordOstLink can be used flexibly, TenneT Germany is also building two of the first multi-terminal hubs along NordOstLink: the HeideHub and the NordHub. The multi-terminal hub NordWestHub is also within the scope of this tender. These power hubs, unique in Europe, connect the offshore grid connection systems at sea with the large direct current connections on land. At the same time, they ensure that the electricity can be used directly on site – by converting it into alternating current – and fed into the regional distribution network. For more information on NordOstLink: NordOstLink | TenneT For more information on MultiHUBs: Multiterminal-Hubs Insurance Broker Services: The mentioned projects "NordOstLink" & "MultiHUBs" contractually require coverage of all risks during the project phase through so-called Construction All Risk (CAR) insurance. At the same time, it must be ensured that any damages incurred during the entire construction phase up to commissioning are settled efficiently and reliably with the involved insurers. Insurance broker services are therefore required for determining optimal insurance coverage, preparing & conducting EU tenders including market approach of the relevant insurance market, as well as for damage prevention, claims management, and claims settlement over the entire project duration. To protect the confidentiality of the contracting authority's information in the tender documents, a non-disclosure agreement must be concluded. To do this, use the document "Annex 03 Geheimhaltungsvereinbarung" provided for download and send your signed copy to the following email address: michael.gerlich@tennet.eu Applicants are permitted at any time during the application process to send signed non-disclosure agreements to the contracting authority...

Data provenance

This notice is sourced from TED - Tenders Electronic Daily (EU) and was originally published on September 15, 2026. Last refreshed 35 days ago. Original language: German. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About TenneT TSO GmbH

TenneT TSO GmbH has issued 141 procurement notices on BidsFactory, including 14 currently open and 67 awarded contracts. Activity concentrates in Architecture & Engineering Services, Energy & Power, and Information & Communication Technology. All notices are published for Germany. Notices are distributed via TED - Tenders Electronic Daily (EU) and DÖE Bekanntmachungsservice (Germany). Most recent publication: October 19, 2026.

Frequently asked questions about this tender

Where will the contract be performed?

The contract is for delivery in Germany. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit TED - Tenders Electronic Daily (EU) to access the full notice, required documents, and submission instructions provided by the contracting authority.

Is this tender still open?

No — the contract has already been awarded to Aon Versicherungsmakler Deutschland GmbH. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by TenneT TSO GmbH in Germany. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

What is the estimated budget?

The estimated contract value is €1,365,000 - €1,365,000. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.

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Sectors & Categories

Key Details

Estimated Budget
€1,365,000 - €1,365,000
Contract Type
Services
Eligibility
Firms / Consortiums
Language
German

Source

ted
TED - Tenders Electronic Daily (EU)
Public Procurement

Contracting Authority

TenneT TSO GmbH
🇩🇪Germany