Summary
Machine-generated summaryThe buyer is procuring independent actuarial consultancy services to calculate the technical provisions required for administrators of privately administered pension funds under Law 411/2004 and of voluntary pension funds that include guarantees in the pension scheme prospectus, under Law 204/2006, in accordance with ASF regulations. The framework agreement covers a minimum of one actuarial calculation and a maximum of four: two calculations for privately administered pension funds and two for voluntary pension funds with guarantees. Minimum framework value is 600,000 RON excluding VAT and maximum is 1,500,000 RON excluding VAT. Calculations are performed for 2027 and 2028.
Description
Bid or no-bid?
Six questions before you commit a team. Under each one, what the register holds on it. The answers are yours.
Can I bid?
- Open procedure: any interested supplier may submit a bid. Above the EU threshold: open to companies from any EU country.
- The notice is written in Romanian.
- 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.
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Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 20 hours ago
Expected award price
- likely award for this notice, from its published estimate of €283,930
- €150,483 to €198,751
Comparable awards in this country and sector came in at a median of 62% of their published estimate, half of them between 53% and 70%, based on 30 awards of the last 3 years.
Each award is compared with the estimate of the same lots, framework agreements excluded. A published estimate may include options and renewals, so an award under it is not always a discount.
What this market pays
The buyer has too few awards of its own in this sector, so this is the range of the last 416 awards for Financial & insurance services in Romania.
- This notice
- €283,930
- Median award
- €163,298
- Middle half of past awards
- €76,998 to €428,806
The estimate 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.
The buyer
Full buyer profileAutoritatea de Supraveghere Financiara
Who wins its contracts
Moderately concentrated- different companies won its awards
- 9
- of the awards went to the three most frequent winners
- 56%
- of its calls state an estimated value
- 100%
Based on 18 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)
- 4.3
- of those lots received a single tender
- 47%
- 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.
This buyer has no award history in this sector yet. Usual winners, Financial & insurance services - Romania
| Company | Wins | Total awarded | Last win |
|---|---|---|---|
| Asigurarea Romaneasca ASIROM VIENNA INSURANCE GROUP | 61 | €14.0M | Sep 2026 |
| CEC Bank | 49 | €10.4M | Oct 2026 |
| OMNIASIG VIENNA INSURANCE GROUP S.A. | 48 | €29.1M | Sep 2026 |
| GROUPAMA ASIGURARI | 41 | €10.7M | Oct 2026 |
| BANCA COMERCIALA ROMANA | 20 | €28.3M | Jul 2026 |
Based on 478 awards with a linked company profile over the last 2 years.
3 open tenders right now
Market context
Larger than 42% of the open notices in Financial & insurance services across Europe.
- open now in Financial & insurance services
- 3,428
- median open notice
- €450,000
Who wins in this market
Many suppliersRomania · Financial & insurance services
- different companies won awards here
- 89
- of the awards went to the three most frequent winners
- 33%
- buyers awarded contracts here
- 103
Based on 478 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)
- 2.0
- of those lots received a single tender
- 35%
- of the awards went to companies based in another country
- 1%
- of the tenders came from another country
- 4%
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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