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Tenders

Financing service

Open
Deadline
24 days left
April 20, 2026
Contract Details
Category
Services
Reference
305908
Value
€11,150,000
Location
Estonia
Published
March 19, 2026
CPV Code
Evaluation Criteria
Interest Margin100%
Project Timeline

Tender Published

March 19, 2026

Deadline for Questions

April 13, 2026

Submission Deadline

April 20, 2026

Tender Opening

April 20, 2026

Contract Start Date

June 14, 2026

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Budget
€11,150,000
Duration
36 months
Location
Estonia
Type
Services
75
Quality Score/100
Good
Market Benchmark
Avg. Winning Price
€844,224
Avg. Bids
3.1
Competition
Medium
SME Winners
69%
297 tenders analyzed

Original Tender Description

The purpose of the procurement is to obtain financing services necessary for the lessee's activities. The contracting authority will conclude framework agreements with up to three bidders.
Electronic Submission

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Requirements & Qualifications

22 requirements across 5 categories

Submission (9)
Mandatory (1)
Compliance (7)
Technical (2)
Financial (3)
SUBMISSION REQUIREMENTS9
--Bidders must confirm compliance with tender conditions.
--Bidders must submit an application for participation in the procurement procedure.
--Bidders must follow the provided structure for submitting the cost of the bid.
MANDATORY EXCLUSION GROUNDS1
--Bidders must not involve subcontractors subject to sanctions.
ELIGIBILITY REQUIREMENTS7
--Bidders must confirm compliance with tender conditions.
--Bidders must submit an application for participation in the procurement procedure.
--Bidders must follow the provided structure for submitting the cost of the bid.
TECHNICAL CAPABILITY REQUIREMENTS2
--The tender is for financing services for vehicles and equipment up to 10 million EUR.
--The financing service includes ambulances, which have a higher cost compared to ordinary vehicles.
FINANCIAL REQUIREMENTS3
--The estimated value of the tender is 11,150,000.0 EUR.
--The duration of the framework agreement is 36 months.
--The primary evaluation criterion is the lowest interest margin.

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Documents

8 documents available with AI summaries

VastavustingimusedPDF
305908_vastavustingimused.pdf -- 6.7 KB

Bidders must confirm compliance with tender conditions, submit an application to participate in the procurement procedure, follow the provided structure for submitting the bid price, provide a power of attorney for joint bidders if applicable, describe trade secrets, and confirm that no subcontractors subject to sanctions will be involved.

Pakkuja esitab täidetud hankemenetluses osalemise avalduse.DOC
305908 Hankemenetluses osalemise avaldus.docx -- 51.1 KB

The bidder must submit a completed application to participate in the tender procedure, confirming receipt of necessary information, agreement with terms, and consideration of all costs and obligations.

Hindamiskriteeriumid ja hinnatavad näitajadPDF
305908_hindamiskriteeriumid.pdf -- 3.0 KB

The tender evaluation criteria focus on the interest margin, where the lowest value receives the maximum score, and the successful bidder will be determined by a lottery if necessary.

Hankepass täiendatavate selgitustegaPDF
305908_hankepass_taiendavate_selgitustega.pdf -- 63.0 KB

This tender pass clarifies the qualification requirements and expected bidder responses for the North Estonia Medical Centre's financing service tender, but is not intended for completion.

Raamlepingu lisa 2DOC
305908 Hankelepingu projekt kapitalirendi tin... -- 51.8 KB

This document is a draft capital lease agreement detailing the terms of financing services required by the North Estonia Medical Centre.

Raamlepingu lisa 1DOC
305908 Hankelepingu projekt kasutusrendi ting... -- 41.7 KB

This document is a draft usage lease agreement detailing the terms for a usage lease to be concluded by the North Estonia Medical Centre based on a framework agreement for financing services (leasing).

Raamlepingu projektDOC
305908 Liisingu raamleping.docx -- 47.8 KB

This document is the draft framework agreement for the financing service (leasing) public procurement of the North Estonia Medical Centre, outlining the contract terms and the rights and obligations of the parties.

Tehniline kirjeldusDOC
305908 tehniline kirjeldus.docx -- 48.9 KB

The contracting authority seeks financing services for leasing vehicles and equipment up to EUR 10 million, with the primary evaluation criterion being the lowest interest margin.

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75
Good

Tender Quality Score

This tender for financing services is generally well-structured with clear financial information and a reasonable timeline. However, it lacks explicit sustainability considerations and has some minor practical limitations regarding document accessibility.

Score Breakdown

Legal Compliance75/100

The tender appears to comply with general procurement regulations, including the use of a proper CPV code and a clear procedure. Deadlines are reasonable. No disputes are indicated. The procedure type 'A' (Open procedure) is standard.

Clarity80/100

The description of the financing service is clear, and the requirements are documented. Evaluation criteria are specified, although the lottery aspect for tie-breaking is unusual. Conditions for participation are outlined.

Completeness70/100

Most basic information is present, including estimated value, duration, and contract start date. However, the specific documents for 'Hankepass täiendatavate selgitustega' and 'Hindamiskriteeriumid ja hinnatavad näitajad' are marked as not required, which could lead to incomplete understanding for some bidders if not adequately covered elsewhere.

Some key qualification and evaluation documents are marked as not required.
Fairness85/100

The tender allows for full document access and discloses the estimated value. Criteria are objective, and e-procurement is utilized. The limit of 'Max Participants: 3' for a framework agreement with multiple bidders could be seen as restrictive, but it's not explicitly tailored to specific companies.

Limit on maximum participants (3) for a framework agreement might restrict competition.
Practicality65/100

E-submission is mandated. A document URL is not explicitly provided in the basic information, requiring bidders to navigate the procurement portal. The contract start date is specified. Financing information is implicitly covered by the service description and value. The duration is clear.

Direct document URLs are not readily available in the basic information.
Data Consistency90/100

Key fields such as title, reference, organization, value, and dates are populated. There are no indications of suspension or disputes. The dates provided are logically sequenced.

Sustainability50/100

There is no explicit mention of green procurement, social aspects, or innovation within the provided tender details. The tender is not indicated as EU funded.

Lack of explicit sustainability criteria (green, social, innovation).

Strengths

Clear financial information and estimated value.
Well-defined procedure and reasonable timeline.
Use of e-procurement and electronic submission.
Objective evaluation criteria (primarily interest margin).

Concerns

Absence of sustainability considerations (green, social, innovation).
Potential restriction on competition due to the maximum participant limit for a framework agreement.
Some key documents are marked as not required, potentially impacting completeness of information.

Recommendations

1. Incorporate specific sustainability criteria to align with modern procurement practices.
2. Consider increasing the maximum participant limit for the framework agreement to foster broader competition.
3. Ensure all essential qualification and evaluation documents are clearly marked as required or readily accessible.

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