Independence, regulation and how advisory mandates are scoped
Financial advisory work for public bodies is bought under a constraint that shapes every bid: the adviser must be, and be seen to be, independent of the transaction it is advising on. Conflict of interest declarations are made at bid stage and cover the whole firm and its affiliates, not the proposed team, and an existing relationship with a likely counterparty is commonly disqualifying. Firms that also arrange or underwrite are frequently excluded from advising on the same transaction, which is why this category has a distinct supplier population from banking services.
Mandates are scoped around a decision with a date attached -- a funding structure, a valuation, a business case, a restructuring, a concession -- and are almost always phased so the buyer can stop. Fees mix a fixed element for defined deliverables with capped time-based charges for support through a process whose length depends on third parties. Success fees are viewed cautiously in public procurement because they align the adviser with completion rather than with the buyer's interest in walking away, and where they are permitted they are usually capped and disclosed.
Evaluation rests on the individuals and on regulatory standing. Buyers check that the firm holds the authorisations its jurisdiction requires for the activity in question, that professional indemnity cover matches the value of the decisions being advised on, and that the named team has done comparable transactions rather than comparable sectors. Because the deliverable is frequently a document that will be relied on by lenders, auditors or a legislature, the terms governing reliance, liability caps and the right to publish the advice are negotiated as hard as the fee.
This section describes how this category is bought generally, across the public buyers that publish it. The figures elsewhere on this page are measured for this market alone.
Who buys financial advisory in Greece?
GlobalGov holds 140 financial advisory records from 69 distinct buying organisations in Greece. The most frequent publishers are International buyer (14 records); International buyer (9 records); International buyer (9 records); International buyer (4 records); International buyer (4 records); International buyer (4 records). Between them the 6 largest account for 31% of everything published, so buying here is spread across many separate authorities.
| Buying organisation | Records | Share |
|---|---|---|
| International buyer | 14 | 10% |
| International buyer | 9 | 6.4% |
| International buyer | 9 | 6.4% |
| International buyer | 4 | 2.9% |
| International buyer | 4 | 2.9% |
| International buyer | 4 | 2.9% |
What are financial advisory contracts worth in Greece?
119 of the 140 records publish a contract value. The median is $827,280 and the largest single published value is $217.7M. By size, 1 under $100k, 65 between $100k and $1M, 45 between $1M and $10M, 8 above $10M. The remaining 21 publish no value at all, so every figure here describes the priced subset only, and values are as stated by the buyer rather than as finally awarded.
| Contract size | Records | Share of priced |
|---|---|---|
| under $100k | 1 | 0.8% |
| between $100k and $1M | 65 | 55% |
| between $1M and $10M | 45 | 38% |
| above $10M | 8 | 6.7% |
How long do bidders get to respond to financial advisory tenders in Greece?
Across the 55 Greece financial advisory notices that publish both a publication date and a closing date, the median response window is 36 days. A quarter of them allowed 33 days or fewer and a quarter stayed open for more than 40. Not one of them closed within a fortnight of being published, so the window on this market is consistently workable.
How often are financial advisory tenders published in Greece?
Greece published 9 notices in this category in the last twelve months. Over the last three years there were 72, spread across 45 separate months of activity since 19 May 2021. April is historically the busiest month. No new notice has been published in this category since 26 May 2026, 128 days ago, so treat the figures above as a record of the market rather than as this week's pipeline.
How does Greece compare with other financial advisory markets?
Among the 30 countries where GlobalGov holds a comparable financial advisory market, Greece ranks 22nd by number of records. The largest is France (9,415 records against 140 here). Within Greece itself, financial advisory is the 29th largest of the 56 procurement categories tracked here.
Where do the Greece financial advisory records on this page come from?
These 140 records are collected from 1 official source: TED (140). GlobalGov is an independent aggregator and is not affiliated with any of them; each record links back to the notice on its issuing portal. The set is rebuilt nightly, and the counts on this page were taken on 2026-10-01.
Most recent Financial Advisory tenders in Greece
None of these are open for bids now — they are the most recent records GlobalGov holds for this market, kept here so the shape of a typical financial advisory notice in Greece is visible. Set an alert to be told when the next one opens.
Greece – Financial leasing services – ΔΙΑΚΗΡΥΞΗ ΔΙΕΘΝΗ ΔΗΜΟΣΙΟΥ ΑΝΟΙΚΤΟΥ ΗΛΕΚΤΡΟΝΙΚΟΥ ΔΙΑΓΩΝΙΣΜΟΥ ΑΝΩ ΤΩΝ ΟΡΙΩΝ για την «Προμήθεια τριών (3) απορριμματοφόρων με χρηματοδοτική μίσθωση (leasing) διάρκειας πέντε (5) ετών »
Greece – Financial leasing services – Λειτουργική μίσθωση (operational leasing) είκοσι (20) πετρελαιοκίνητων & βενζινοκίνητα οχήματα διαφόρων κατηγοριών διάρκειας (48) μηνών
Greece – Financial leasing services – LEASING οχημάτων και μηχανολογικού εξοπλισμού (μηχανήματα έργου-απορριματοφόρα κλπ)
Greece – Financial leasing services – ΤΔ-123/24 ΓΙΑ ΤΗ ΜΑΚΡΟΧΡΟΝΙΑ ΜΙΣΘΩΣΗ ΑΥΤΟΚΙΝΗΤΩΝ ΓΙΑ ΤΗΝ ΚΑΛΥΨΗ ΤΩΝ ΑΝΑΓΚΩΝ ΤΗΣ ΣΤΑΣΥ Α.Ε.
Greece – Motor vehicle liability insurance services – Ηλεκτρονικός Διεθνής Ανοιχτός Δημόσιος Διαγωνισμός για την ανάθεση των υπηρεσιών ασφάλισης όλων των περιουσιακών στοιχείων της Ο.ΣΥ. Α.Ε. (οχήματα - κτιριακές εγκαταστάσεις - λοιπός εξοπλισμός), εκτιμώμενης προϋπολογισθείσας δαπάνης 28.500.000,00€ (συμπεριλαμβανομένων όλων των νόμιμων φόρων, κρατήσεων υπέρ τρίτων και λοιπών επιβαρύνσεων καθώς και του δικαιώματος παράτασης).
Other procurement categories in Greece
Financial Advisory procurement in other markets
Never Miss a Greece Government Contract
Finding Greece tenders usually means a local portal, a local registration and someone who reads the language. Get an alert you can read when a new financial advisory opportunity is published there.
Start Free Trial