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

Ασφαλίσεις Περιουσίας, Ασφαλίσεις Ευθύνης και Ομαδική Ασφάλιση Ζωής

Awarded Cyprus Financial & insurance services

Buyer Οργανισμός Χρηματοδοτήσεως Στέγης

€6,360 awarded value

Key facts

Awarded
Estimated value
€204,000
Procedure
Open procedure
  1. Published Awarded
View the official notice Watch this tender

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Awarded to

Eurosure Insurance Co. Ltd

Awarded value
€6,360 97% under the estimate of €204,000
Award date
Record with this buyer
1 first contract from this buyer in the register

Key points

Αναθέτουσα αρχή: Οργανισμός Χρηματοδοτήσεως Στέγης Τύπος αναθέτουσας αρχής: Οργανισμοί Δημοσίου Δικαίου Αριθμός διαγωνισμού: ΟΧΣ7/2022 Είδος σύμβασης: Υπηρεσίες Διαδικασία: Ανοικτή Κριτήριο ανάθεσης: Βάσει Βέλτιστης σχέσης Τιμής-Ποιότητας Συγχρηματοδότηση ΕΕ: Όχι Ημερομηνία δημοσίευσης προκήρυξης: 2022-12-29 Αριθμός προσφερόντων: 9 Προσφέροντες: AIG EUROPE S.A., ALTIUS INSURANCE LTD, CNP CYPRIALIFE LTD, EUROLIFE LTD, Eurosure Insurance Co. Ltd, Progressive Insurance Ltd, TRUST INTERNATIONAL INSURANCE COMPANY (CYPRUS) LTD, Universal Life Ins Public co ltd, ΥΔΡΟΓΕΙΟΣ ΑΣΦΑΛΙΣΤΙΚΗ ΕΤΑΙΡΕΙΑ (ΚΥΠΡΟΥ) ΛΤΔ Ανάδοχος: Eurosure Insurance Co. Ltd Εκτιμώμενη αξία: 204000.00 EUR Αξία κατακύρωσης: 6360.00 EUR
Original text
Αναθέτουσα αρχή: Οργανισμός Χρηματοδοτήσεως Στέγης Τύπος αναθέτουσας αρχής: Οργανισμοί Δημοσίου Δικαίου Αριθμός διαγωνισμού: ΟΧΣ7/2022 Είδος σύμβασης: Υπηρεσίες Διαδικασία: Ανοικτή Κριτήριο ανάθεσης: Βάσει Βέλτιστης σχέσης Τιμής-Ποιότητας Συγχρηματοδότηση ΕΕ: Όχι Ημερομηνία δημοσίευσης προκήρυξης: 2022-12-29 Αριθμός προσφερόντων: 9 Προσφέροντες: AIG EUROPE S.A., ALTIUS INSURANCE LTD, CNP CYPRIALIFE LTD, EUROLIFE LTD, Eurosure Insurance Co. Ltd, Progressive Insurance Ltd, TRUST INTERNATIONAL INSURANCE COMPANY (CYPRUS) LTD, Universal Life Ins Public co ltd, ΥΔΡΟΓΕΙΟΣ ΑΣΦΑΛΙΣΤΙΚΗ ΕΤΑΙΡΕΙΑ (ΚΥΠΡΟΥ) ΛΤΔ Ανάδοχος: Eurosure Insurance Co. Ltd Εκτιμώμενη αξία: 204000.00 EUR Αξία κατακύρωσης: 6360.00 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 11 comparable contracts this buyer awarded in this sector over the last 4 years.

This award
€6,360
Estimated value
€204,000
Median award
€25,000
Middle half of past awards
€13,800 to €107,679

The award is smaller than three in four past awards.

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.

Οργανισμός Χρηματοδοτήσεως Στέγης

Cyprus

notices in the register
97
awards
91
awarded in total
€7.3M

Who wins its contracts

Many suppliers
different companies won its awards
20
of the awards went to the three most frequent winners
30%

Based on 27 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.

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. AIG EUROPE S.A. 4 awards €326,632
  2. B. A. THE BEST MCC LTD 4 awards €233,913
  3. C. NET TECHNOLOGIES LTD 4 awards €24,055

Market context

open now in Financial & insurance services
3,457
median open notice
€450,000

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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