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Treasury of the Republic of Cyprus - awarded public contracts verified 2 weeks ago Contract award

Προσφορά για παροχή υπηρεσιών για «Ασφάλιση Μηχανοκίνητων Οχημάτων του Δήμου Αθηένου», αρ. Διαγωνισμού 15/2024.

Awarded Cyprus Financial & insurance services

Buyer Δήμος Αθηένου

€2,979 awarded value

Key facts

Awarded
Estimated value
€9,000
Procedure
Open procedure
  1. Published Awarded
View the official notice Watch this tender

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Awarded to

TRUST INTERNATIONAL INSURANCE COMPANY (CYPRUS) LTD

Awarded value
€2,979 67% under the estimate of €9,000
Award date
Record with this buyer
6 contracts from this buyer in the register, €39,658 in total

Key points

Αναθέτουσα αρχή: Δήμος Αθηένου Τύπος αναθέτουσας αρχής: Δήμοι/Κοινότητες Αριθμός διαγωνισμού: 15/2024 Είδος σύμβασης: Υπηρεσίες Διαδικασία: Ανοικτή Κριτήριο ανάθεσης: Βάσει Τιμής/Κόστους Συγχρηματοδότηση ΕΕ: Όχι Ημερομηνία δημοσίευσης προκήρυξης: 2024-08-05 Αριθμός προσφερόντων: 2 Προσφέροντες: Progressive Insurance Ltd, TRUST INTERNATIONAL INSURANCE COMPANY (CYPRUS) LTD Ανάδοχος: TRUST INTERNATIONAL INSURANCE COMPANY (CYPRUS) LTD Εκτιμώμενη αξία: 9000.00 EUR Αξία κατακύρωσης: 2979.00 EUR
Original text
Αναθέτουσα αρχή: Δήμος Αθηένου Τύπος αναθέτουσας αρχής: Δήμοι/Κοινότητες Αριθμός διαγωνισμού: 15/2024 Είδος σύμβασης: Υπηρεσίες Διαδικασία: Ανοικτή Κριτήριο ανάθεσης: Βάσει Τιμής/Κόστους Συγχρηματοδότηση ΕΕ: Όχι Ημερομηνία δημοσίευσης προκήρυξης: 2024-08-05 Αριθμός προσφερόντων: 2 Προσφέροντες: Progressive Insurance Ltd, TRUST INTERNATIONAL INSURANCE COMPANY (CYPRUS) LTD Ανάδοχος: TRUST INTERNATIONAL INSURANCE COMPANY (CYPRUS) LTD Εκτιμώμενη αξία: 9000.00 EUR Αξία κατακύρωσης: 2979.00 EUR

Official source

Source: Treasury of the Republic of Cyprus - awarded public contracts

Always verify details on the official notice.

Report an error in this notice

Last verified against Treasury of the Republic of Cyprus - awarded public contracts 2 weeks ago

What this buyer has paid before

Based on 14 comparable contracts this buyer awarded in this sector over the last 4 years.

This award
€2,979
Estimated value
€9,000
Median award
€5,459
Middle half of past awards
€3,361 to €7,291

The award is smaller than three in four past awards.

Most recent awards

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

Δήμος Αθηένου

Cyprus

notices in the register
96
awards
81
awarded in total
€14.2M

Who wins its contracts

Many suppliers
different companies won its awards
31
of the awards went to the three most frequent winners
24%
winners of the last 12 months were new here
6 of 10
of its calls state an estimated value
100%

Based on 54 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)
1.1
of those lots received a single tender
28%
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. KITSOS GENERAL CONSTRUCTON LTD 6 awards €100,570
  2. TRUST INTERNATIONAL INSURANCE COMPANY (CYPRUS) LTD 6 awards €39,658
  3. S. HADJICHRISTOFI CONSTRUCTION LIMITED 4 awards €195,256

Market context

open now in Financial & insurance services
2,194
median open notice
€496,000

Who wins in this market

Moderately concentrated

Cyprus · Financial & insurance services

different companies won awards here
52
of the awards went to the three most frequent winners
36%
winners of the last 12 months were new here
14 of 25
buyers awarded contracts here
53

Based on 173 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)
2.6
of those lots received a single tender
29%

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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