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Tenders

Cybersecurity testing of Bank of Latvia information systems

Closed

Updated October 09, 2026

Submission Deadline Has Passed

This tender's submission deadline has passed and is no longer accepting applications. The information below is kept for reference purposes.

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Deadline
Expired
March 05, 2026
Contract Details
Category
Services
Reference
165986
Value
Not disclosed
Location
Latvia
Published
February 18, 2026
Organization
CPV Code
Project Timeline

Tender Published

February 18, 2026

Deadline for Questions

February 26, 2026

Submission Deadline

March 05, 2026

Tender Opening

March 05, 2026

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Key facts

Deadline
Expired
CPV Code
72800000 — Computer audit and testing services
Procedure
Open procedure
Budget
Not disclosed
Duration
2 months
Location
Latvia
Type
Services
66
Quality Score/100
Good
Market Benchmark
Avg. Winning Price
€220,792
Avg. Bids
1.7
Competition
Low
SME Winners
99%
2,497 tenders analyzed

Original Tender Description

Cybersecurity testing of Bank of Latvia information systems

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Win Strategy

AI-powered analysis of this tender's requirements, opportunities, and challenges. Get strategic insights to maximize your win probability.

65%
Estimated Win ProbabilityModerate Fit

This tender requires robust cybersecurity testing services for Latvijas Banka. Success hinges on demonstrating deep technical expertise, a proven track record in sensitive environments, and meticulous adherence to submission requirements. While social and innovative aspects are not explicitly weighted, a focus on quality, reliability, and value will be paramount.

Key Winning Messages

Uncompromising Security Assurance: Delivering robust, reliable, and comprehensive cybersecurity testing to safeguard Latvijas Banka's critical information systems.

Proven Expertise in Financial Sector Security: Leveraging deep domain knowledge and a demonstrated track record in securing sensitive financial infrastructure.

Efficient and Compliant Delivery: Ensuring a seamless, timely, and fully compliant service delivery that meets all tender specifications.

Key Opportunities
Lack of specified evaluation criteria allows for strategic emphasis on technical merit and experience.
The short duration (2 months) suggests a need for agile and efficient testing methodologies.
The focus on 'informācijas sistēmu kiberdrošības testēšana' implies a need for detailed technical proposals addressing specific system vulnerabilities.
Key Challenges
Absence of explicit evaluation criteria makes it difficult to precisely tailor the bid to maximize scoring.

Focus on comprehensively addressing all stated requirements in the technical specification and selection criteria, assuming a strong emphasis on technical competence and experience.

Potential for high competition due to the nature of the client (Latvijas Banka) and the critical service.

Differentiate through a clear demonstration of specialized expertise, a highly qualified team, and a proactive approach to risk identification and mitigation within the proposal.

Ensuring all mandatory and eligibility requirements are met without any oversight, as these are grounds for exclusion.

Implement a rigorous internal review process, including legal and compliance checks, for all submitted documentation before final submission. Assign a dedicated compliance officer for the bid.

Ideal Bidder Profile
A cybersecurity firm with extensive experience in penetration testing, vulnerability assessment, and security audits of critical infrastructure and financial institutions. The ideal bidder possesses certified security professionals, a strong understanding of Latvian regulatory frameworks, and a history of successful engagements with government or quasi-governmental entities. They should also have a streamlined proposal development process to ensure timely and accurate submission.
Key Requirements
Demonstrate technical capabilities, experience, and personnel qualifications for cybersecurity testing services.
Meet financial stability and capacity requirements.
Submit all required documents, technical and financial proposals, and adhere to specified format and deadlines.
Not be subject to any mandatory exclusion grounds.
Meet selection criteria and eligibility requirements.
Key Discriminators
Demonstrated experience with central banks or similar critical national infrastructure.
Proactive identification and mitigation of potential risks specific to Latvijas Banka's systems (if inferable from technical specs).
A highly experienced and certified team of cybersecurity professionals with specific relevant certifications (e.g., OSCP, CISSP).
A clear, concise, and well-structured technical proposal that goes beyond minimum requirements to showcase depth of understanding.
Social Value Opportunities
While not a requirement, consider a brief statement on commitment to ethical conduct and data privacy, aligning with the sensitive nature of the client.
Bid Focus Areas
Technical Capability and Experience

Provide detailed case studies of similar projects, highlighting methodologies, tools used, and successful outcomes. Clearly map personnel qualifications to the specific testing requirements outlined in the technical specification.

Financial Stability and Capacity

Present clear and concise financial statements and projections, demonstrating robust financial health and the capacity to undertake the project without financial strain.

Submission Compliance

Ensure absolute adherence to all formatting, content, and submission deadline requirements. Utilize a checklist derived directly from the procurement regulations to verify completeness.

Recommendations6
Thoroughly Analyze Technical Specifications
CriticalHigh effort

Deeply understand and address every requirement in the 'Iepirkuma priekšmeta prasības, 1.versija'. Map your proposed services directly to these requirements, demonstrating a clear understanding of Latvijas Banka's needs.

Ensures compliance and demonstrates technical competence.
Assume Technical Merit is Key
CriticalMed effort

Given the lack of explicit evaluation criteria, assume that technical capability, experience, and personnel qualifications will be the primary drivers of the decision. Focus on showcasing depth of expertise and a proven track record.

Maximizes scoring potential in the absence of defined weights.
Highlight Specialized Expertise
HighMed effort

Emphasize any specific certifications, methodologies, or experience relevant to testing central bank or critical financial infrastructure. This can set you apart from generalist cybersecurity firms.

Creates a competitive edge.
Rigorous Compliance Check
CriticalHigh effort

Implement a multi-stage review process for all submitted documents to ensure 100% compliance with exclusion grounds, eligibility, and submission requirements. Use a detailed checklist.

Prevents disqualification.
Address Potential Competition Proactively
HighMed effort

In your proposal, subtly highlight your unique value proposition and why your firm is the optimal choice, even if competitors are strong. Focus on reliability, efficiency, and specialized knowledge.

Positions your bid favorably against competitors.
Integrate Ethical Conduct Statement
LowLow effort

Include a brief statement on your commitment to ethical hacking principles, data confidentiality, and professional integrity, aligning with the sensitive nature of Latvijas Banka's operations.

Reinforces trustworthiness.
Competitive Positioning
Position your firm as the most reliable and expert provider of cybersecurity testing for critical national financial infrastructure, emphasizing a proven track record and specialized knowledge that generic providers may lack.

Competitors

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Requirements & Qualifications

5 requirements across 5 categories

Submission (1)
Mandatory (1)
Compliance (1)
Technical (1)
Financial (1)
SUBMISSION REQUIREMENTS1
--Bidders must submit all required documents, technical and financial proposals, and adhere to the specified format and deadlines (including the submission deadline of 2026-03-05T10:00:00) as detailed in the procurement regulations.
MANDATORY EXCLUSION GROUNDS1
--Bidders must not be subject to any mandatory exclusion grounds as stipulated in the procurement regulations and applicable laws.
ELIGIBILITY REQUIREMENTS1
--Bidders must meet the selection criteria and eligibility requirements specified in the procurement regulations.
TECHNICAL CAPABILITY REQUIREMENTS1
--Bidders must demonstrate technical capabilities, experience, and personnel qualifications as required by the technical specifications and selection criteria for cybersecurity testing services.
FINANCIAL REQUIREMENTS1
--Bidders must meet the financial stability and capacity requirements as outlined in the procurement regulations and financial proposal specifications.

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Documents

2 documents available with AI summaries

Iepirkuma priekšmeta prasības, 1.versijaPDF
165986_PD.ANY_1_1_1_20260218161503.pdf -- 95.3 KB

This document contains the procurement requirements, selection criteria, technical and financial proposal specifications, and evaluation criteria for Latvijas Banka's information system cybersecurity testing tender.

Nolikums ar pielikumiemDOC
LB_2026_8_NOLIKUMS.docx -- 101.8 KB

This document contains the procurement regulations for cybersecurity testing services for Latvijas Banka, detailing submission requirements, selection criteria, and required documents for bidders.

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66
Good

Tender Quality Score

This tender for cybersecurity testing services exhibits good clarity and legal compliance in its basic structure. However, significant concerns regarding fairness and completeness arise from restricted document access and the undisclosed estimated value.

Score Breakdown

Legal Compliance75/100

The tender defines a clear open procedure and uses an appropriate CPV code. Deadlines are reasonable, and there are no reported disputes. However, the undisclosed estimated value and restricted document access are notable issues that could impact full compliance with transparency requirements.

•Estimated value not disclosed
•Restricted document access
Clarity80/100

The tender's purpose and description are clear. The AI-extracted requirements are high-level but understandable. While the automated check flags 'Missing evaluation criteria', the summary of Document 3 explicitly states their presence, suggesting they are detailed in the full documents.

•AI-extracted requirements are high-level, lacking specific detail
•Automated check flags 'Missing evaluation criteria' despite document summary indicating their presence
Completeness70/100

Most essential information, such as title, organization, reference, duration, and location, is provided. All three documents are attached and summarized. However, the critical absence of the estimated contract value significantly impacts the completeness of the tender information.

•Estimated value not disclosed
Fairness50/100

Fairness is severely compromised by the restricted document access, which prevents potential bidders from fully reviewing the tender terms. The undisclosed estimated value further hinders fair competition by limiting bidders' ability to assess scope and prepare competitive offers. While e-procurement is enabled, these fundamental issues are critical.

•Restricted document access
•Estimated value not disclosed
Practicality65/100

The tender supports e-procurement and clearly specifies the contract duration. However, the lack of a direct document URL, an unspecified contract start date, and the absence of financing information (due to the undisclosed value) present practical hurdles for bidders.

•No direct document URL provided
•Contract start date not specified
Data Consistency75/100

Dates and status are logical and consistent. Most key fields are populated. However, there are minor contradictions, such as between 'E-Procurement' and the automated check's 'No e-submission', and the discrepancy regarding evaluation criteria. The missing estimated value also affects consistency.

•Contradiction between 'E-Procurement' characteristic and automated check 'No e-submission'
•Contradiction regarding 'Missing evaluation criteria' and document summary
Sustainability20/100

The tender does not include any explicit criteria or mentions related to green procurement, social aspects, or innovation. This indicates a lack of focus on sustainability in this procurement process.

•No green procurement criteria
•No social criteria

Strengths

Clear title and purpose for cybersecurity testing
Open procedure type and appropriate CPV code
E-Procurement enabled for submission
Reasonable submission deadline
Detailed documents (Nolikumus, Iepirkuma priekšmeta prasības) indicated to exist

Concerns

Restricted document access significantly hinders transparency and fairness
Estimated contract value is not disclosed, impacting bidder assessment
Lack of explicit sustainability, social, or innovation criteria
Some internal data inconsistencies and contradictions
No direct document URL or contract start date provided

Recommendations

1. Ensure full and unrestricted access to all tender documents to promote transparency and fair competition.
2. Disclose the estimated value of the contract to allow bidders to properly assess the scope and prepare competitive offers.
3. Clarify and resolve any contradictions in the tender information, particularly regarding e-submission and evaluation criteria.

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