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

Portugal - Serviços de seguros - Aquisição de serviços de seguros

Awarded Portugal Algarve Financial & insurance services

Buyer Município de Lagos

€601,774 awarded value

Key facts

Awarded
Estimated value
€746,775
Procedure
Open procedure
  1. Awarded
  2. Published
  3. Contract ends September 2027
View the official notice Watch this tender

This contract runs about 12 months, so it is back on the market around September 2027. Log in

Awarded to

Fidelidade - Companhia de Seguros, S.A.

Awarded value
€601,774 19% under the estimate of the same lots
Award date
Bid received
1 A single tender
Back on the market
Sep 2027 How we know

When this contract comes back

This contract runs about 12 months, so it is back on the market around September 2027.

Every contract expiring, on the radar

Description

Aquisição de serviços de seguros

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 631 awards for Financial & insurance services in Portugal.

This award
€601,774
Estimated value
€746,775
Median award
€17,820
Middle half of past awards
€6,133 to €86,893

The award 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.

Município de Lagos

Portugal

notices in the register
640
awards
133
awarded in total
€32.9M

Who wins its contracts

Many suppliers
different companies won its awards
110
of the awards went to the three most frequent winners
13%
of its calls state an estimated value
99%

Based on 129 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)
3.8
of those lots received a single tender
29%
of the awards went to companies based in another country
0%

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. Fidelidade - Companhia de Seguros, S.A. 9 awards €611,895
  2. SMILE - VIAGENS E TURISMO, UNIPESSOAL, LDA 6 awards €3,320
  3. ADPN - Engenharia e Manutenção, Unipessoal, Lda. 2 awards €301,690

56 open tenders right now

Market context

open now in Financial & insurance services
3,363
median open notice
€463,594

Who wins in this market

Many suppliers

Portugal · Financial & insurance services

different companies won awards here
220
of the awards went to the three most frequent winners
26%
buyers awarded contracts here
422

Based on 626 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)
2.5
of those lots received a single tender
34%
of the awards went to companies based in another country
2%
of the tenders came from another country
1%

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.

Procedure facts

  • A single tender was received (open procedure).

Facts that procurement researchers and journalists track across public records. None of them is evidence of wrongdoing: each has ordinary explanations, such as a specialised market, an urgent need or a short list of qualified suppliers.

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