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

17/2021 Διαγωνισμός για την παροχή υπηρεσιών αναλογιστή

Awarded Cyprus Financial & insurance services

Buyer Αρχή Ανάπτυξης Ανθρώπινου Δυναμικού Κύπρου

€6,400 awarded value

Key facts

Awarded
Estimated value
€7,000
Procedure
Open procedure
  1. Published Awarded
View the official notice Watch this tender

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Awarded to

i.e Muhanna and co. Limited

Awarded value
€6,400 9% under the estimate of €7,000
Award date

Key points

Αναθέτουσα αρχή: Αρχή Ανάπτυξης Ανθρώπινου Δυναμικού Κύπρου Τύπος αναθέτουσας αρχής: Οργανισμοί Δημοσίου Δικαίου Αριθμός διαγωνισμού: 17/2021 Είδος σύμβασης: Υπηρεσίες Διαδικασία: Ανοικτή Κριτήριο ανάθεσης: Βάσει Τιμής/Κόστους Συγχρηματοδότηση ΕΕ: Όχι Ημερομηνία δημοσίευσης προκήρυξης: 2021-11-23 Αριθμός προσφερόντων: 1 Προσφέροντες: i.e Muhanna and co. Limited Ανάδοχος: i.e Muhanna and co. Limited Εκτιμώμενη αξία: 7000.00 EUR Αξία κατακύρωσης: 6400.00 EUR
Original text
Αναθέτουσα αρχή: Αρχή Ανάπτυξης Ανθρώπινου Δυναμικού Κύπρου Τύπος αναθέτουσας αρχής: Οργανισμοί Δημοσίου Δικαίου Αριθμός διαγωνισμού: 17/2021 Είδος σύμβασης: Υπηρεσίες Διαδικασία: Ανοικτή Κριτήριο ανάθεσης: Βάσει Τιμής/Κόστους Συγχρηματοδότηση ΕΕ: Όχι Ημερομηνία δημοσίευσης προκήρυξης: 2021-11-23 Αριθμός προσφερόντων: 1 Προσφέροντες: i.e Muhanna and co. Limited Ανάδοχος: i.e Muhanna and co. Limited Εκτιμώμενη αξία: 7000.00 EUR Αξία κατακύρωσης: 6400.00 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 market pays

The buyer has too few awards of its own in this sector, so this is the range of the last 681 awards for Financial & insurance services in Cyprus.

This award
€6,400
Estimated value
€7,000
Median award
€13,500
Middle half of past awards
€5,816 to €40,990

The award sits inside the usual range.

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
3,487
median open notice
€441,696

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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