Summary
Machine-generated summaryHOFOR is re-tendering banking services covering a dedicated account structure and cash pool, payment processing, on-demand deposits, foreign exchange trading, issuance of guarantees, corporate cards, netbank with integration to HOFOR's financial systems (ERP), plus implementation and service. The contract comprises two sub-agreements. Sub-agreement 1 covers the business scope of HOFOR Forsyning Holding P/S, HOFOR A/S and HOFOR Holding A/S together with the energy companies, including the full range of services. Sub-agreement 2 covers the same group of companies and includes account structure, cash pool, payment processing, foreign exchange trading, netbank with ERP integration and corporate cards.
Description
Bid or no-bid?
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Can I bid?
- Open procedure: any interested supplier may submit a bid. Above the EU threshold: open to companies from any EU country.
- The notice is written in Danish.
- Certificates from another EU country? Check the equivalents on eCertis
Official source
Source: TED - Tenders Electronic Daily (Publications Office of the EU)
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Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 5 hours 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 169 awards for Financial & insurance services in Denmark.
- This notice
- €3.2M
- Median award
- €1.6M
- Middle half of past awards
- €615,352 to €3.8M
The estimate 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.
The buyer
Full buyer profileHOFOR A/S
- notices in the register
- 19
- awards
- 8
- awarded in total
- €254,784
One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.
This buyer has no award history in this sector yet. Usual winners, Financial & insurance services - Denmark
| Company | Wins | Total awarded | Last win |
|---|---|---|---|
| GJENSIDIGE FORSIKRING | 26 | €59.2M | Aug 2026 |
| Protector Forsikring ASA | 11 | €27.5M | Feb 2026 |
| If Skadeforsikring, filial af If Skadeförsäkring AB | 11 | €14.7M | Jul 2026 |
| Protector Forsikring ASA; GJENSIDIGE FORSIKRING | 8 | €31.2M | Jul 2026 |
| Gjensidige Forsikring; Protector Forsikring ASA | 5 | €26.2M | Dec 2025 |
Based on 182 awards with a linked company profile over the last 2 years.
6 open tenders right now
- Banking services - Banking 2027+ No deadline published
- Insurance services - HOFOR A/S (Amagerværket), PDBI, Lead Insurer No deadline published
- Excavation and removal of soil - Purchase of excavation work and blacksmith services HOFOR District Cooling No deadline published
Market context
Larger than 81% of the open notices in Financial & insurance services across Europe.
- open now in Financial & insurance services
- 3,375
- median open notice
- €465,883
Who wins in this market
Many suppliersDenmark · Financial & insurance services
- different companies won awards here
- 85
- of the awards went to the three most frequent winners
- 26%
- buyers awarded contracts here
- 111
Based on 182 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.
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Awarded before
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