Across 6 markets that count bids, contract size does 3 different things

Jonas Petraitis
Jonas Petraitis
Covers competition: who bids, who wins repeatedly, and where the contest is real. Based in Vilnius.
5 Min Read

Single-bid competition changes with contract value, but not in one direction across the markets examined. The comparison uses each market’s own value quartiles and counts notices that state both a value and a bid count. The percentages are shares of notices with a single bid. The notice-value figures are not awarded values, and currencies are not converted.

Value does not set a common bidding pattern

The relationship between contract value and bidder participation differs by market. Guatemala moves upwards through its value bands, from 39% for its cheapest quarter to 60% in the middle half and 79% in both its top quarter and top tenth. The Dominican Republic moves the other way: its cheapest quarter records 83%, compared with 76% in the middle half, 34% in the top quarter and 36% in the top tenth. Austria also falls towards its highest-value contracts, from 75% in the cheapest quarter to 31% in the top tenth. These are within-market comparisons, because each market defines its bands using its own currency. A single bid is a condition of a procurement notice, not evidence of impropriety or proof that a repeat winner gained an unfair advantage.

The highest-value tenth separates the markets

The highest-value tenth has a single-bid share of 79% in Guatemala, the highest figure in the comparison, while Peru records 8%, the lowest. The other markets sit between those points: 36% in the Dominican Republic, 21% in Latvia, 31% in Austria and 29% in Ecuador. The pattern matters more than any cross-currency ranking of contract size. Guatemala’s top-tenth figure matches its top-quarter figure, while Peru’s 8% also remains unchanged between those bands. Latvia and Ecuador are broadly flat across their value bands, whereas the Dominican Republic and Austria show lower single-bid shares at the high-value end. The figures describe how many bids notices received, not whether an award was made at the advertised or stated value.

MarketCheapest 25%Middle 50%Top 25%Top 10%OverallMeasured
Guatemala39%60%79%79%60%101,245
the Dominican Republic83%76%34%36%67%37,820
Austria75%57%40%31%57%3,815
Ecuador37%26%22%29%27%5,637
Latvia24%33%26%21%29%3,763
Peru15%8%8%8%10%26,431
Share of tenders drawing exactly one bid, by each market’s own value quartiles. Same definition everywhere; no currency converted.

Bidder strategy should follow the local pattern

For businesses assessing entry, the relevant question is how bidder participation changes within the target market’s own value bands. In Guatemala, the single-bid share rises from 39% in the cheapest quarter to 79% in the top tenth, so high-value opportunities appear in a thinner participation environment than lower-value ones. In Peru, the top-tenth share is 8%, compared with 15% in the cheapest quarter, indicating the reverse relationship. Ecuador offers a different reading: its figures move from 37% in the cheapest quarter to 26% in the middle half, 22% in the top quarter and 29% in the top tenth. Such differences can guide where firms examine specifications, qualification terms, contract packaging and notice timing, but the bid count alone cannot establish why participation was high or low.

Among the highest-value tenth, single-bid shares run from 8% in Peru to 79% in Guatemala.

WHY IT MATTERS

A large contract does not carry the same competitive conditions everywhere. Guatemala’s highest-value tenth records 79% single-bid notices, while Peru’s records 8%, so firms need a market-specific view of participation rather than a universal assumption about contract size.


Data: Otnox — live procurement intelligence across 56 markets. Basis: 178,711 tenders across 6 markets, each stating a value and a bid count, last 180 days, 2026-04-15..2026-10-12.

Share This Article
Covers competition: who bids, who wins repeatedly, and where the contest is real. Based in Vilnius.
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *