Summary
Machine-generated summaryThis contract covers the appointment of a financial rating agency to support the ORES group in its financing activities. The main objective is to obtain a public financial rating that strengthens the credibility of the ORES group with investors, particularly in connection with future bond issues. The rating will serve as a reference to attest to the financial strength of the ORES group and will help foster investor confidence in the company's ability to meet its financial commitments. The service concerns financial and insurance services in Belgium, with ORES as the contracting party for whom the rating agency will act.
Description
Official source
Source: TED - Tenders Electronic Daily (Publications Office of the EU)
Always verify details on the official notice.
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Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 2 days 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 142 awards for Financial & insurance services in Belgium.
- This notice
- €2.4M
- Median award
- €548,287
- Middle half of past awards
- €222,722 to €1.5M
The estimate is larger than three in four past awards.
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 profileOres sc
This buyer has no award history in this sector yet. Usual winners, Financial & insurance services - Belgium
| Company | Wins | Total awarded | Last win |
|---|---|---|---|
| Ethias | 72 | €187.4M | Sep 2026 |
| Ethias SA | 16 | €44.3M | Sep 2026 |
| ETHIAS; AXA BELGIUM | 14 | €27.2M | Jun 2026 |
| AXA BELGIUM | 13 | €4.0M | Sep 2026 |
| Ethias NV | 7 | €12.1M | Sep 2026 |
Based on 220 awards with a linked company profile over the last 2 years.
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Market context
Larger than 77% of the open notices in Financial & insurance services across Europe.
- open now in Financial & insurance services
- 3,408
- median open notice
- €461,419
Who wins in this market
Moderately concentratedBelgium · Financial & insurance services
- different companies won awards here
- 81
- of the awards went to the three most frequent winners
- 46%
- buyers awarded contracts here
- 197
Based on 220 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.
Competition
- tenders per lot on average (open and restricted procedures)
- 1.5
- of those lots received a single tender
- 46%
- of the awards went to companies based in another country
- 6%
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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