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TED - Tenders Electronic Daily (Publications Office of the EU) verified 6 hours ago Contract notice

Luxembourg - Insurance services - 006 FIN FA 0726 UPC Pension Actuarial Services

Open Luxembourg Luxembourg Financial & insurance services

Buyer Unified Patent Court (UPC)

28 days left

Key facts

Closes
13:00 (UTC+1)
Procedure
Open procedure
  1. Published
  2. Today
  3. Deadline open for 29 days
  4. Awarded pending

Bidding window

28 days from publication to deadline

Usual length

Notices of this kind (Luxembourg, open procedure, above the EU threshold) give a median of 35 days, half of them between 30 and 42 days, based on 2,032 notices of the last two years.

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Description

UPC formulates this Request for Proposal to receive Tenders for the provision of actuarial services related to the valuation of employee benefit obligations in accordance with the International Public Sector Accounting Standards accounting framework.

Terms of the procedure

Small firms
The buyer marks this procedure as suitable for small and medium-sized firms.

As the official notice states them.

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?

    The register holds nothing on this. The official documents will.

  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?

    28 days left, 21 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 €257,742 and €1.2M.

  6. Your call:

    Do we know this buyer?

    The buyer has 14 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.
  • 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) 6 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 11 awards for Financial & insurance services in Luxembourg.

Median award
€440,000
Middle half of past awards
€257,742 to €1.2M

TED - Tenders Electronic Daily (Publications Office of the EU) publishes no value for this notice, so it has no mark on the scale. The official documents may state one.

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

Unified Patent Court (UPC)

Luxembourg

notices in the register
14
awards
5
awarded in total
€1.5M

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 - Luxembourg

Based on 15 awards with a linked company profile over the last 2 years.

3 open tenders right now

Market context

TED - Tenders Electronic Daily (Publications Office of the EU) publishes no value for this notice, so it cannot be placed among the open notices of its sector. The official documents may state one.

open now in Financial & insurance services
2,166
median open notice
€479,970

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28 days left

Open notice

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