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

Search open tenders in this sector · Country guide Romania

The market norm in numbers

MetricSectorNational averageSample
Bids per procedure (median)0
Procedures with a single bidder0
Awards to a repeat winner61 %73 %11,676
Distinct winners336136,77811,940
Awards to companies from abroad0 %1 %11,940
Award relative to estimate (median)62 %85 %39
Notice to award (median)1 days1 days2,427
Bids from SMEs0
Bids from abroad0
Weight of price in award criteria (median)0

How to read these numbers

No bid counts are available yet for Financial & insurance services in Romania — the country's portals do not publish them, or we do not read them yet. 61% of awards went to companies that had already won with the same buyer — the incumbent is the rule, newcomers need a price or quality edge.

Other sectors in the same country

Frequently asked questions

How often does the incumbent win in Romania?
61% 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 Romania for Financial & insurance services?
0% of awards went to companies based outside Romania.
What share of the estimate does the winner get in Financial & insurance services?
The award came in at a median 62% of the estimated value.
How much does price count for Financial & insurance services in Romania?
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 = 11,940