Awarded to
TRUST INTERNATIONAL INSURANCE COMPANY (CYPRUS) LTD
- Awarded value
- €70,000 42% under the estimate of €120,000
- Award date
- Record with this buyer
- 4 contracts from this buyer in the register, €897,937 in total
Key points
Original text
Official source
Source: Treasury of the Republic of Cyprus - awarded public contracts
Always verify details on the official notice.
Report an error in this notice
Last verified against Treasury of the Republic of Cyprus - awarded public contracts 2 weeks ago
What this buyer has paid before
Based on 8 comparable contracts this buyer awarded in this sector over the last 4 years.
- This award
- €70,000
- Estimated value
- €120,000
- Median award
- €90,000
- Middle half of past awards
- €57,525 to €664,265
The award sits inside the usual range.
Most recent awards
- 631/2023- Παροχή Επενδυτικών Συμβουλών €20,000
- 225/2023- Voluntary Group Life Insurance €1,026,394
- 087/2023 - Pension Fund Liability Insurance €110,000
- 034/2021 - Pension Fund Liability Insurance €57,300
Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.
The buyer
Full buyer profileΑρχή Ηλεκτρισμού Κύπρου
- notices in the register
- 885
- awards
- 876
- awarded in total
- €5.6B
Who wins its contracts
Many suppliers- different companies won its awards
- 104
- of the awards went to the three most frequent winners
- 14%
- winners of the last 12 months were new here
- 11 of 19
Based on 192 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners. New: no award from the same buyer or market in the two years before.
One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.
Awards most often to
1 open tender right now
Market context
- open now in Financial & insurance services
- 2,166
- median open notice
- €479,970
Who wins in this market
Moderately concentratedCyprus · Financial & insurance services
- different companies won awards here
- 51
- of the awards went to the three most frequent winners
- 36%
- winners of the last 12 months were new here
- 13 of 24
- buyers awarded contracts here
- 52
Based on 172 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners. New: no award from the same buyer or market in the two years before.
Competition
- tenders per lot on average (open and restricted procedures)
- 2.7
- of those lots received a single tender
- 26%
As the official award notices state them, over the last 3 years. Tenders per lot count open and restricted procedures only: in a negotiated procedure or a direct award a single tender is the procedure itself. The country is the one the notice gives for the winner.
Similar tenders
Open now
14
days left
€291,200
est. value
Awarded before
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