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TED - Tenders Electronic Daily (Publications Office of the EU) verified 4 hours ago Contract notice

Κύπρος - Τραπεζικές υπηρεσίες - Διαγωνισμός για Παροχή Τραπεζικών Υπηρεσιών

Open Cyprus Kýpros Financial & insurance services

Buyer Κυπριακός Οργανισμός Αγροτικών Πληρωμών

38 days left

Key facts

Closes
09:00 (UTC+2)
Estimated value
€315,000
Procedure
Open procedure
  1. Published
  2. Today
  3. Deadline open for 38 days
  4. Awarded pending

Bidding window

38 days from publication to deadline

Usual length

Notices of this kind (Cyprus, open procedure, above the EU threshold) give a median of 30 days, half of them between 18 and 36 days, based on 1,346 notices of the last two years.

This buyer usually gives 22 days (median of its last 10 calls for tender).

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Description

Παροχή Τραπεζικών Υπηρεσιών

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 €315,000.

  3. Your call:

    Do we have two comparable references?

    Comparable work is in Financial & insurance services.

  4. In your favour:

    Is the deadline realistic for a proper offer?

    38 days left, 27 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 €5,816 and €40,990.

  6. Your call:

    Do we know this buyer?

    The buyer has 213 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 Greek.
  • 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) 4 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 681 awards for Financial & insurance services in Cyprus.

This notice
€315,000
Median award
€13,500
Middle half of past awards
€5,816 to €40,990

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.

Κυπριακός Οργανισμός Αγροτικών Πληρωμών

Cyprus

notices in the register
213
awards
203
awarded in total
€8.8M

Who wins its contracts

Many suppliers
different companies won its awards
38
of the awards went to the three most frequent winners
23%
winners of the last 12 months were new here
10 of 16
of its calls state an estimated value
100%

Based on 64 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

of the awards went to companies based in another country
30%

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.

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. NewCytech Business Solution 14 awards €1.0M
  2. DATATECH I.T. SOLUTIONS LTD 8 awards €315,392
  3. GCC Computers Ltd 6 awards €516,193

2 open tenders right now

Market context

Larger than 44% of the open notices in Financial & insurance services across Europe.

open now in Financial & insurance services
3,492
median open notice
€442,283

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.

Similar tenders

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Awarded before

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38 days left

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