New Strategic Procurement Initiatives
The Central Bank of Cyprus (CBC) has issued two pivotal public tenders, reflecting its commitment to enhancing IT security infrastructure and in-house service provision. These initiatives signal a major strategic investment aimed at reinforcing both operational security and facility management at the bank’s headquarters in Nicosia.
Tender For IT Security Services
Under Tender 02/2026, the CBC is seeking vendors to provide IT security services, including system maintenance, management, and 24-hour monitoring through a Security Information and Event Management (SIEM) system.
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The contract duration is three years, with an estimated value of €370,000 excluding VAT. The procedure is open and will be awarded to the most economically advantageous offer based on price. Tender documents are available electronically via the CBC website from February 27, 2026 to April 17, 2026.
Submission And Evaluation Process
Interested operators must submit sealed proposals consisting of separate envelopes for participation requirements, technical documentation, and financial offers. Contact details must be sent via email with the subject line “Tender 02/2026 – SIEM,” as specified in the tender documents. Final submissions must be delivered to Office 018 at the CBC headquarters, 80 John Kennedy Avenue, 1076 Nicosia, by April 17, 2026 at 12:00 noon Cyprus time.
Cafeteria Services Tender
In parallel, the CBC has issued a separate tender for the management and operation of its headquarters cafeteria. Unlike the IT security contract, this process will be evaluated solely on qualitative criteria. Tender documents are available through the CBC tender portal from February 27, 2026 to March 20, 2026.
Guidelines For Submission
Operators applying for cafeteria services must email their contact details using the subject line “Tender 5/2026 – Cafeteria.” Proposals, including participation requirements and technical documentation, must be submitted in sealed form to the CBC tender box at the same location by March 20, 2026 at 12:00 noon Cyprus time.
The bank notes that incorrect or incomplete contact information may result in applicants missing clarifications or additional updates.
Conclusion
The two tenders highlight the CBC’s focus on strengthening cybersecurity capabilities while upgrading internal services. The move aligns with broader public-sector efforts to improve efficiency, transparency, and operational reliability.
