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Assessing the Elasticity of Retail Investment to Tax Incentives

BEBelgium · Brussels

Your path to submission

  1. Deadline: 20 November at 16:00 — 19 days left.
  2. The submission point is stated in the notice (link on this page).
  3. Offer and evidence in: Bulgarian, Czech, Danish, German, Greek, English, Spanish, Estonian, Finnish, French, Irish, Croatian, Hungarian, Italian, Lithuanian, Latvian, Maltese, Dutch, Polish, Portuguese, Romanian, Slovak, Slovenian, Swedish.
  4. Collect your evidence — use the eligibility analysis on this page: it lists the requirements and, for known certificates, how to get them.
Compiled automatically from notice and documents — no guarantee; the procedure's wording is binding.

What the buyer is looking for

The study should pursue two complementary objectives. First, it should estimate the elasticity of retail investment to tax incentives by analysing in order to determine how strongly tax advantages affect the likelihood to invest and the amounts invested. Second, it should assess the potential budgetary implications of introducing an SIA under different design scenarios, taking into account varying forms of tax incentives participation rates and substitution effects with existing savings products. This second objectives should be possibly combined with an assessment of second round effect of greater retail participation to capital markets on consumption and investment.. Taken together, the study should allow policymakers to assess the cost effectiveness of SIAs as a tool to increase retail participation in capital markets under the Savings and Investments Union.

Contract

BuyerEuropean Commission, DG FISMA - Financial Stability, Financial Services and Capital Markets Union
TypeServices
Estimated value€300,000
Published12 Oct 2026
ProcedureOpen procedure
EU-funded

Type of service

73 · R&D services79 · Business services
CPV 73000000 · 79311400 · 79300000

Clement What the numbers say about this buyer

  • The median procedure drew 4 bids (14 procedures with a bid count); 0% ended with a single bidder. Sector: median 6 bids.n = 14
  • 23% of this buyer's awards went to companies that had already won here before (14 awards since 2024, spread over 11 companies). 77% went to new names.n = 14 awards since 2024
  • 50% of awards went to companies from abroad (14 awards with a known winner country). Sector average: 55%.n = 14

From this buyer's documented awards; comparison values from the same sector and country. Not a forecast, not legal advice. As of 01/11/2026.

Clement
References and certificates from your home country count fully across the EU — that is what European procurement law is for.

Selection criteria — in the procurement documents

The buyer states in the notice that the selection criteria are in the procurement documents (link on this page), not in the EU form. The document analysis below extracts them from there — bid and evidence in Bulgarian, Czech, Danish, German, Greek, English, Spanish, Estonian, Finnish, French, Irish, Croatian, Hungarian, Italian, Lithuanian, Latvian, Maltese, Dutch, Polish, Portuguese, Romanian, Slovak, Slovenian, Swedish.

Eligibility analysis from the tender documents

Tender documents — direct download

⤓
Annex 1
Specifications and annexes at the buyer — usually viewable without registration
⤓
Administrative conditions
The full notice, official wording

Who has won at this buyer so far

Across all contract types of this buyer — not just this sector. A city buys software and fire engines through the same purchasing office.

CompanyAwardsPeriod
BOURSE CONSULT LLP22024
UAB CIVITTA22024
Centre for European Policy Studies22024–2025
EY ECONOMIC AND POLICY ADVISORY SERVICES SRL12025
VERIAN GROUP BELGIUM SA12025
From the recorded awards · regular winners know this buyer's requirements — that is your competition.

How often this buyer tenders this kind of work

4
2024
2
2025
1
2026
7 procedures in this category since 2019. Public procurement repeats itself — those who know the rhythm prepare instead of reacting.

Contracting authority contact

·
Deadline — Friday 20 November at 16:00

Tactics

When this buyer has awarded in this sector, usually about 4 bids came in. A normal field for this market. (Based on 7 completed awards — not a statement about this procedure.)

This procedure allows 40 days between publication and deadline — typical in this country is 34 (median of 3,233 procedures). A normal window for this market.

Foreign bidders

In Belgium · R&D services, 542 contracts went to foreign companies over the last 3 years (of 1,152 recorded awards) — mostly from Germany, France, Italy.

Submission language: Bulgarian, Czech, Danish, German, Greek, English, Spanish, Estonian, Finnish, French, Irish, Croatian, Hungarian, Italian, Lithuanian, Latvian, Maltese, Dutch, Polish, Portuguese, Romanian, Slovak, Slovenian, Swedish.

Measured from linked award data; foreign winners bidding through a local subsidiary count as domestic — the true share is higher.

How to bid

Read the full notice — Original + documents
Goes directly to this tender on TED — Tenders Electronic Daily. The full specification and all annexes are there.
Put together the evidence — in Bulgarian, Czech, Danish, German, Greek, English, Spanish, Estonian, Finnish, French, Irish, Croatian, Hungarian, Italian, Lithuanian, Latvian, Maltese, Dutch, Polish, Portuguese, Romanian, Slovak, Slovenian, Swedish
Certificates, references and your price — as set out in the notice.
Submit via TED — Tenders Electronic Daily before the deadline
Electronic submission — allow time for the portal registration the first time.
To the procurement portal →Official notice on TED →
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