CPV 661 – Banking and Investment Services

What does CPV 661 cover?

CPV group 661 covers banking and investment services for public contracting authorities. This includes account management and payment processing services, municipal lending and loans, securities services, investment advisory, and specialist banking products for the public sector such as Schuldscheindarlehen (registered bonds) and municipal bonds. Leasing and factoring services and other financing instruments may also fall under this code.

For public contracting authorities, procuring banking services is an essential activity. Municipalities require banking partners for the processing of day-to-day payment transactions, account management and short-term liquidity management. Capital investment projects such as construction of schools, sewage treatment works or infrastructure require municipal loans or other financing instruments. The award of these services follows general procurement rules, although certain investment banking services may be subject to exemptions under procurement law.

Digital banking services and open banking interfaces are of growing importance in the public sector. Public contracting authorities are increasingly requiring digital payment platforms, API connections to municipal finance software and secure online banking solutions. The full CPV structure is available at the European Commission (SIMAP) and Regulation (EC) No 213/2008.

Typical Services in CPV 661

Service	Description
Municipal treasury services	Account management and payment processing for local authority treasuries
Municipal loans	Long-term lending for public capital investment projects
Registered bonds (Schuldscheindarlehen)	Municipal financing instruments for major projects
Investment advisory	Management of municipal reserves and equity holdings
Guarantees and sureties	Security for contracts and investments

Examples of Tenders with CPV 661

• Banking services for a city treasury: A city authority tenders banking services for its treasury – account management, payment processing, online banking and a revolving credit facility for seasonal liquidity requirements – for a period of four years.
• Municipal loan for a school construction project: A school authority tenders a municipal loan of €18 million for the construction of a new comprehensive school, requesting offers with fixed and variable interest rates and varying terms of 15 to 25 years.
• Schuldscheindarlehen for a municipal development company: A municipal development company tenders a registered bond (Schuldscheindarlehen) of €50 million for financing an urban development project through an open EU-wide procedure.

Current tenders with CPV 661 are published on TED (Tenders Electronic Daily) and on national procurement platforms.

Who is CPV 661 relevant for?

Public Contracting Authorities

Municipalities, county councils, regional governments and public companies are the typical contracting authorities under CPV 661. The local authority treasury as the cash management office is often the principal actor in banking service procurement. Public housing companies and municipal infrastructure companies require specific financing products for their investments. Further guidance is available from the Federal Ministry for Economic Affairs and Climate Action (BMWK).

Companies and Bidders

Banks, savings banks, cooperative banks and specialist municipal finance providers are the typical bidders. Regulatory authorisation from national financial supervisory authorities, equity capital evidence, credit ratings and references for comparable municipal financing operations are required eligibility criteria. For larger loan volumes, bank consortia are common.

How does Bond help with CPV 661?

Tender Match – Automatically Find Tenders (CPV 661)

With tender.match, banks and financing institutions automatically receive all relevant tenders with CPV 661 directly in their dashboard. BOND indexes tenders from over 1,000 procurement portals in the EU – from TED to national platforms and regional contracting authorities. Instead of manually searching dozens of portals every day, matching banking service contracts are filtered and delivered by industry, competency, region, and company profile. An automated gap analysis immediately shows where the company meets the requirements and where gaps exist. This ensures companies never miss a deadline and can focus on preparing their bids.

Company Match – Find the Right Partners and Suppliers (CPV 661)

For companies looking for suppliers, subcontractors, or consortium partners for banking and finance projects, company.match provides direct access to qualified firms from an EU-wide database of over 28 million companies. Especially for larger municipal financing operations that a single institution cannot handle alone, company.match automatically identifies suitable partners for bank consortia and partial services – increasing the chances of winning the contract.

Frequently Asked Questions about CPV 661

What does the CPV code 66100000 mean?

The CPV code 66100000 classifies banking and investment services within the EU's Common Procurement Vocabulary. It covers the full spectrum of banking services for public contracting authorities – from payment processing and account management to municipal loans and investment advisory.

How do I find tenders with CPV 661?

Tenders are published on TED (Tenders Electronic Daily) for EU-wide procedures and on national platforms. Bond aggregates all relevant tenders automatically.

Which banking services are subject to competitive tendering?

In principle, all remunerated banking services for public contracting authorities are subject to competitive tendering when threshold values are exceeded. Exemptions apply to certain capital market transactions in the public interest. The applicable rules are set out in VgV and EU procurement law, available via EUR-Lex.