Friedrich & ClementBETA

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How much competition does a tender for Financial & insurance services in Czechia face?

A median of 1 bid per procedure; 53% of procedures ended with a single bidder (610 awards with a bid count). National average for Czechia across all sectors: 3.5 bids.

Search open tenders in this sector · Country guide Czechia

The market norm in numbers

MetricSectorNational averageSample
Bids per procedure (median)13.5610
Procedures with a single bidder53%30%610
Awards to a repeat winner41%68%772
Distinct winners12021,982797
Awards to companies from abroad3%8%797
Award relative to estimate (median)77%86%149
Bids from SMEs37%77%561
Bids from abroad1%2%561

How to read these numbers

Of 42 sectors in Czechia with a bid count, Financial & insurance services ranks 39 for competition. Every second tender effectively ends without competition — showing up often wins. 41% of awards went to companies that had already won with the same buyer — buyers switch often here.

Other sectors in the same country

Frequently asked questions

How many bidders does a tender for Financial & insurance services in Czechia get?

A median of 1 bid per procedure, measured on 610 awards with a bid count since 2015. 53% of procedures had a single bidder.

How often does the incumbent win in Czechia?

41% of awards in Financial & insurance services went to a company that had already won with the same buyer.

Do foreign companies stand a chance in Czechia for Financial & insurance services?

3% of awards went to companies based outside Czechia.

What share of the estimate does the winner get in Financial & insurance services?

The award came in at a median 77% 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 = 797