This procurement concerns drawing of Protection & Indemnity (hereinafter P & I) insurance for research vessel "Dr. Fridtjof Nansen ", as specified in the tender documents.
Of Financial Management Regulations for state - Provisions on Financial Management in Government, adopted on 12 December 2003, § 20, it follows that;
"The state self-insured, unless otherwise determined by the Ministry of Finance."
On the basis of the trading area for new "Dr. Fridtjof Nansen "which will mainly operate in developing countries in waters off Africa and Asia, have IMR asked the Ministry of Finance for permission to draw a Protection & Indemnity insurance for the new research vessel" Dr. Fridtjof Nansen". Such permission is given in a letter from the Ministry of Finance, dated 13/05/2016.