How much competition does a tender for Financial & insurance services in Germany face?
A median of 2 bids per procedure; 29% of procedures ended with a single bidder (1,378 awards with a bid count). National average for Germany across all sectors: 3.1 bids.
Search open tenders in this sector · Country guide Germany
The market norm in numbers
| Metric | Sector | National average | Sample |
|---|---|---|---|
| Bids per procedure (median) | 2 | 3.1 | 1,378 |
| Procedures with a single bidder | 29 % | 24 % | 1,378 |
| Awards to a repeat winner | 37 % | 46 % | 2,535 |
| Distinct winners | 1,239 | 201,344 | 2,733 |
| Awards to companies from abroad | 3 % | 1 % | 2,733 |
| Award relative to estimate (median) | 100 % | 99 % | 183 |
| Notice to award (median) | 83 days | 80 days | 1,009 |
| Bids from SMEs | – | – | 0 |
| Bids from abroad | – | – | 0 |
| Weight of price in award criteria (median) | – | – | 0 |
How to read these numbers
Of 44 sectors in Germany with a bid count, Financial & insurance services ranks 32 for competition. A fifth to a third of procedures have one bidder — a bid pays off even without the best price. 37% of awards went to companies that had already won with the same buyer — buyers switch often here.
Other sectors in the same country
- Construction work4 · 239,250
- Architecture & engineering3 · 108,403
- Environment & sanitation4 · 42,384
- Transport equipment2 · 37,035
- Business services3 · 28,974
- IT services2 · 22,519
- Medical equipment & pharma1 · 21,940
- Software & IT systems2 · 16,211
- Education & training3 · 14,987
- Office & computing machinery3 · 13,066
- Transport services2 · 12,752
- Repair & maintenance2 · 12,581
Frequently asked questions
- How many bidders does a tender for Financial & insurance services in Germany get?
- A median of 2 bids per procedure, measured on 1,378 awards with a bid count since 2010. 29% of procedures had a single bidder.
- How often does the incumbent win in Germany?
- 37% 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 Germany for Financial & insurance services?
- 3% of awards went to companies based outside Germany.
- What share of the estimate does the winner get in Financial & insurance services?
- The award came in at a median 100% of the estimated value.
- How much does price count for Financial & insurance services in Germany?
- 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 05/09/2026 · n = 2,733