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Treasury of the Republic of Cyprus - awarded public contracts verified 2 weeks ago Contract award

16/2022 Διαγωνισμός για τις ασφαλιστικές καλύψεις της Αρχής Ανάπτυξης Ανθρώπινου Δυναμικού Κύπρου (ΑνΑΔ)

Awarded Cyprus Financial & insurance services

Buyer Αρχή Ανάπτυξης Ανθρώπινου Δυναμικού Κύπρου

€5,816 awarded value

Key facts

Awarded
Estimated value
€212,400
Procedure
Open procedure
  1. Published Awarded
View the official notice Watch this tender

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Awarded to

Universal Life Ins Public co ltd

Awarded value
€5,816 97% under the estimate of €212,400
Award date
Record with this buyer
4 contracts from this buyer in the register, €35,329 in total

Key points

Αναθέτουσα αρχή: Αρχή Ανάπτυξης Ανθρώπινου Δυναμικού Κύπρου Τύπος αναθέτουσας αρχής: Οργανισμοί Δημοσίου Δικαίου Αριθμός διαγωνισμού: 16/2022 Είδος σύμβασης: Υπηρεσίες Διαδικασία: Ανοικτή Κριτήριο ανάθεσης: Βάσει Τιμής/Κόστους Συγχρηματοδότηση ΕΕ: Όχι Ημερομηνία δημοσίευσης προκήρυξης: 2022-09-01 Αριθμός προσφερόντων: 8 Προσφέροντες: AIG EUROPE S.A., ALTIUS INSURANCE LTD, CNP AFALISTIKI LTD, CNP CYPRIALIFE LTD, TRUST INTERNATIONAL INSURANCE COMPANY (CYPRUS) LTD, Universal Life Ins Public co ltd, ΚΕΝΤΡΙΚΗ ΑΣΦΑΛΙΣΤΙΚΗ ΕΤΑΙΡΕΙΑ ΛΤΔ, ΥΔΡΟΓΕΙΟΣ ΑΣΦΑΛΙΣΤΙΚΗ ΕΤΑΙΡΕΙΑ (ΚΥΠΡΟΥ) ΛΤΔ Ανάδοχος: Universal Life Ins Public co ltd Εκτιμώμενη αξία: 212400.00 EUR Αξία κατακύρωσης: 5816.00 EUR
Original text
Αναθέτουσα αρχή: Αρχή Ανάπτυξης Ανθρώπινου Δυναμικού Κύπρου Τύπος αναθέτουσας αρχής: Οργανισμοί Δημοσίου Δικαίου Αριθμός διαγωνισμού: 16/2022 Είδος σύμβασης: Υπηρεσίες Διαδικασία: Ανοικτή Κριτήριο ανάθεσης: Βάσει Τιμής/Κόστους Συγχρηματοδότηση ΕΕ: Όχι Ημερομηνία δημοσίευσης προκήρυξης: 2022-09-01 Αριθμός προσφερόντων: 8 Προσφέροντες: AIG EUROPE S.A., ALTIUS INSURANCE LTD, CNP AFALISTIKI LTD, CNP CYPRIALIFE LTD, TRUST INTERNATIONAL INSURANCE COMPANY (CYPRUS) LTD, Universal Life Ins Public co ltd, ΚΕΝΤΡΙΚΗ ΑΣΦΑΛΙΣΤΙΚΗ ΕΤΑΙΡΕΙΑ ΛΤΔ, ΥΔΡΟΓΕΙΟΣ ΑΣΦΑΛΙΣΤΙΚΗ ΕΤΑΙΡΕΙΑ (ΚΥΠΡΟΥ) ΛΤΔ Ανάδοχος: Universal Life Ins Public co ltd Εκτιμώμενη αξία: 212400.00 EUR Αξία κατακύρωσης: 5816.00 EUR

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 10 comparable contracts this buyer awarded in this sector over the last 4 years.

This award
€5,816
Estimated value
€212,400
Median award
€9,650
Middle half of past awards
€3,538 to €27,376

The award sits inside the usual range.

Most recent awards

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

Αρχή Ανάπτυξης Ανθρώπινου Δυναμικού Κύπρου

Cyprus

notices in the register
347
awards
346
awarded in total
€11.1M

Who wins its contracts

Many suppliers
different companies won its awards
42
of the awards went to the three most frequent winners
19%
winners of the last 12 months were new here
10 of 13

Based on 52 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. M.M.C Management Center Ltd 18 awards €583,117
  2. Channel IT Ltd 11 awards €174,865
  3. Logicom Solutions Ltd 7 awards €349,858

Market context

open now in Financial & insurance services
2,155
median open notice
€478,206

Who wins in this market

Moderately concentrated

Cyprus · 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.

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