Table 1.

Distribution of bids and registrations in public procurement in Finland

ITT levelAuction level
CountBidders (n)bidders (n > 0)Registrations (N)Count bracketBidsBids (n > 0)
031.72%7.17%0–0.9935.14%6.88%
115.15%22.18%8.81%1–1.9917.23%23.37%
214.37%21.04%10.19%2–2.9915.50%22.70%
311.31%16.57%11.56%3–3.9911.45%16.76%
48.01%11.73%10.50%4–4.996.94%10.16%
55.07%7.43%9.13%5–5.994.50%6.59%
63.60%5.27%7.17%6–6.992.79%4.09%
72.35%3.44%6.24%7–7.991.86%2.72%
8+8.43%12.35%29.22%8 -4.60%6.73%
obs17,94412,25317,94417,94412,253
Note(s):

The table shows the distributions of observed bids and registrations by potential bidders in public procurement in Finland. Bidders are calculated as the number of distinct bidders in an ITT who have submitted at least one bid. The shares of ITTs are reported separately for ITTs with at least one bidder. The right half of the table presents the shares of ITTs at the level of an individual lot. These bids are calculated first for each lot within the ITT, then averaged over the ITT. The average number of bids can be lower than one, because there are lots where a bidder has not bid

Source(s): Authors’ own work

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