Friedrich & ClementBETA

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

A median of 1 bids per procedure; 56% of procedures ended with a single bidder (103 awards with a bid count). National average for Slovakia across all sectors: 3.1 bids.

Search open tenders in this sector · Country guide Slovakia

The market norm in numbers

MetricSectorNational averageSample
Bids per procedure (median)13.1103
Procedures with a single bidder56 %20 %103
Awards to a repeat winner19 %53 %149
Distinct winners273,995151
Awards to companies from abroad11 %13 %151
Award relative to estimate (median)79 %88 %37
Notice to award (median)0
Bids from SMEs55 %262 %102
Bids from abroad18 %10 %102
Weight of price in award criteria (median)0

How to read these numbers

Of 24 sectors in Slovakia with a bid count, Financial & insurance services ranks 24 for competition. Every second tender effectively ends without competition — showing up often wins. 19% 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 Slovakia get?

A median of 1 bids per procedure, measured on 103 awards with a bid count since 2023. 56% of procedures had a single bidder.

How often does the incumbent win in Slovakia?

19% 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 Slovakia for Financial & insurance services?

11% of awards went to companies based outside Slovakia.

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

The award came in at a median 79% of the estimated value.

How much does price count for Financial & insurance services in Slovakia?

Not enough weighted notices for this sector yet.

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 08/09/2026 · n = 151