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TED - Tenders Electronic Daily (Publications Office of the EU) verified 2 hours ago Contract notice

Denmark - Financial and insurance services - Re-tender of financial services

Original Danmark - Finansielle tjenester og forsikringstjenester - Genudbud af finansielle ydelser

Open Denmark Financial & insurance services

Buyer Aalborg Service A/S

8 days left

Key facts

Closes
12:00 (UTC+2)
Estimated value
€3.3M
€3,251,054 · converted from DKK
Procedure
Open procedure
  1. Published
  2. Today
  3. Deadline open for 9 days
  4. Awarded pending

Bidding window

8 days from publication to deadline

Shorter than usual

Notices of this kind (Denmark, open procedure, above the EU threshold) give a median of 32 days, half of them between 29 and 41 days, based on 3,081 notices of the last two years. Fewer days than three in four comparable notices. Check the documents early and ask questions before the clarification deadline.

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Summary

Machine-generated summary

The contract covers the supply of financial services to support the contracting authority's daily liquidity, including the operation and maintenance of bank accounts and ongoing liquidity through deposits and withdrawals. As part of the liquidity management, surplus funds are placed in investment association certificates, and the asset management of these funds is also included in the contract. The tender additionally includes a commercial loan. The agreement supports the contracting authority's day-to-day cash management needs.

Description

Udbuddet vedrører levering af finansielle ydelser til understøttelse af Ordregivers daglige likviditet så som drift og vedligeholdelse af bankkonti og løbende likviditet i form af ind- og udbetalinger. En del af likviditetsstyringen inkluderer placering af overskudlikviditet i investeringsforeningsbeviser. Kapitalforvaltningen af disse midler er derfor også udbudt som en del af kontrakten. Udbuddet indeholder endvidere et erhvervslån.

Bid or no-bid?

Six questions before you commit a team. Under each one, what the register holds on it. The answers are yours.

  1. In your favour:

    Do we meet every eligibility criterion?

    Open procedure: any interested supplier may submit a bid.

    Above the EU threshold: open to companies from any EU country.

  2. Your call:

    Can we deliver this with the team we have?

    Estimated at €3.3M.

  3. Your call:

    Do we have two comparable references?

    Comparable work is in Financial & insurance services.

  4. Check this first:

    Is the deadline realistic for a proper offer?

    8 days left, 7 of them working days.

  5. Your call:

    Is there a margin at the likely winning price?

    In this country this kind of contract is usually awarded for between €607,732 and €3.8M.

  6. Your call:

    Do we know this buyer?

    The buyer has 6 notices in the register and no pattern of winners yet.

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)

Always verify details on the official notice.

Report an error in this notice

Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 2 hours ago

View the official notice

Expected award price

likely award for this notice, from its published estimate of €3,251,054
€2.8M to €3.7M

Comparable awards in this country and sector came in at a median of 100% of their published estimate, half of them between 86% and 113%, based on 109 awards of the last 3 years.

Each award is compared with the estimate of the same lots, framework agreements excluded. A published estimate may include options and renewals, so an award under it is not always a discount.

What this market pays

The buyer has too few awards of its own in this sector, so this is the range of the last 171 awards for Financial & insurance services in Denmark.

This notice
€3.3M
Median award
€1.6M
Middle half of past awards
€607,732 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 profile

Aalborg Service A/S

Denmark

notices in the register
6
award
1

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 184 awards with a linked company profile over the last 2 years.

3 open tenders right now

Market context

Larger than 81% of the open notices in Financial & insurance services across Europe.

open now in Financial & insurance services
3,414
median open notice
€454,856

Who wins in this market

Many suppliers

Denmark · Financial & insurance services

different companies won awards here
86
of the awards went to the three most frequent winners
26%
buyers awarded contracts here
112

Based on 184 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)
1.7
of those lots received a single tender
48%
of the awards went to companies based in another country
20%
of the tenders came from another country
16%

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.

Similar tenders

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