Summary
Machine-generated summaryThe ESM, based in Luxembourg, seeks a service provider to supply an Operational Risk Management Software. The tool must include a policies and procedures repository, a business processes and controls repository, RCSA, operational risk incident management, key risk indicators, and reporting. Its purpose is to help the Operational Risk Management team work more effectively by automating and enhancing existing processes. The contract runs for an initial period of four years, with an optional extension of up to three additional years at the buyer's sole discretion, for a maximum term of seven years.
Description
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) 2 weeks ago
The buyer
Full buyer profileEuropean Stability Mechanism (ESM)
- notices in the register
- 11
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Market context
- open now in IT services
- 3,399
- median open notice
- €492,632
Who wins in this market
Many suppliersLuxembourg · IT services
- different companies won awards here
- 106
- of the awards went to the three most frequent winners
- 9%
- buyers awarded contracts here
- 39
Based on 122 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)
- 7.4
- of those lots received a single tender
- 8%
- of the awards went to companies based in another country
- 27%
- of the tenders came from another country
- 56%
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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