How much competition does a tender for Business services in Cyprus face?
A median of 3 bids per procedure; 33% of procedures ended with a single bidder (95 awards with a bid count). National average for Cyprus across all sectors: 5.1 bids.
Search open tenders in this sector · Country guide Cyprus
The market norm in numbers
| Metric | Sector | National average | Sample |
|---|---|---|---|
| Bids per procedure (median) | 3 | 5.1 | 95 |
| Procedures with a single bidder | 33% | 33% | 95 |
| Awards to a repeat winner | 27% | 48% | 141 |
| Distinct winners | 84 | 1,157 | 150 |
| Awards to companies from abroad | 5% | 9% | 150 |
| Award relative to estimate (median) | 85% | 82% | 62 |
| Bids from SMEs | – | 71% | 0 |
| Bids from abroad | – | 100% | 0 |
How to read these numbers
Of 6 sectors in Cyprus with a bid count, Business services ranks 2 for competition. A fifth to a third of procedures have one bidder — a bid pays off even without the best price. 27% of awards went to companies that had already won with the same buyer — buyers switch often here.
Other sectors in the same country
- Medical equipment & pharma2 · 1,150
- IT services1 · 165
- Construction work3 · 142
- Transport equipment2 · 122
- Health & social work58 · 118
Frequently asked questions
How many bidders does a tender for Business services in Cyprus get?
A median of 3 bids per procedure, measured on 95 awards with a bid count since 2022. 33% of procedures had a single bidder.
How often does the incumbent win in Cyprus?
27% of awards in Business services went to a company that had already won with the same buyer.
Do foreign companies stand a chance in Cyprus for Business services?
5% of awards went to companies based outside Cyprus.
What share of the estimate does the winner get in Business services?
The award came in at a median 85% of the estimated value.
Where the numbers come from
From the documented awards of every portal we read (TED and the national portals), aggregated every night. Bid counts come from the award notices themselves (TED BT-759, PLACSP, OCDS, Hilma, ANAC); incumbency counts whether the winner had won with the same buyer before; abroad means the winner's country differs from the buyer's. Metrics below the minimum sample are not shown.
As of 25/10/2026 · n = 150