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

Norway - Pension services - Occupational pension with associated risk coverages.

Awarded Norway Oslo og Viken Financial & insurance services

Buyer Folketrygdfondet

€297,743 awarded value

Key facts

Awarded
Estimated value
€6.0M
€6,001,016 · converted from NOK
Procedure
Negotiated procedure
  1. Awarded
  2. Published
  3. Contract ends, estimated October 2033
View the official notice Watch this tender

This contract runs about 96 months, so it is back on the market around October 2033. Log in

Awarded to

Nordea Liv Forsikring AS

Awarded value
€297,743 95% under the estimate of €6,001,016
Award date
Record with this buyer
1 first contract from this buyer in the register
Back on the market
Oct 2033 How we know

When this contract comes back

estimated from the stated duration

This contract runs about 96 months, so it is back on the market around October 2033.

Every contract expiring, on the radar

Summary

Machine-generated summary

Folketrygdfondet procured an occupational pension scheme with associated risk coverages for all its employees. The contract covered a deposit based pension scheme, in accordance with the law on defined contribution pensions, the act on company pensions and the occupational pension law. The contracting authority previously held a private defined contribution scheme in Nordea. The contract was awarded to Nordea Liv Forsikring AS on 2025-10-24. The awarded value was about EUR 297,742.69, converted from NOK at the ECB reference rate; the official notice states the amount in NOK. The estimated value was NOK 65,000,000, about EUR 6,001,015.56. The contract lasts 96 months and is estimated to end and come back to market on 2033-10-24.

Description

The contracting authority would like to enter into a contract with a tenderer for a deposit based pension scheme, including risk coverage for all employees at the contracting authority. The Contracting Authority currently has a private defined contribution scheme in Nordea. The pension scheme shall be in accordance with the law on defined contribution pensions, the act on company pensions and the occupational pension law.

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 days 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 30 awards for Financial & insurance services in Norway.

This award
€297,743
Estimated value
€6.0M
Median award
€575,226
Middle half of past awards
€215,669 to €2.7M

The award 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.

Folketrygdfondet

Norway

notices in the register
8
awards
4
awarded in total
€693,467

One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.

Recent awards

2 open tenders right now

Market context

open now in Financial & insurance services
3,390
median open notice
€457,500

Who wins in this market

Many suppliers

Norway · Financial & insurance services

different companies won awards here
33
of the awards went to the three most frequent winners
20%
buyers awarded contracts here
34

Based on 45 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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