Serbia Awards €300,000 Public Asset Valuation Contract Under Green Transition Reform Project

Belgrade, Serbia - January 27, 2026

 Serbia has announced a key contract award under the World Bank-backed Improving Public Financial Management for the Green Transition Project (P175655). The consultancy contract, financed through IBRD-94820, was awarded following a Quality and Cost-Based Selection (QCBS) procedure.

The tender, referenced SER-IPFMGT-QCBS-CS-25-14, covers the valuation of public real properties owned by the Republic of Serbia, a foundational step in strengthening fiscal governance and green transition financing.

Contract Value and Procurement Outcome

The notification of award was issued on January 22, 2026, with a contract duration of 365 days.

The signed contract price stands at €300,000, equivalent to a final evaluated amount of RSD 35,255,790.

The winning consortium includes :-

• DELOITTE ADVISORY D.O.O, Serbia

• DIL INŽENJERING I KONSALTING D.O.O, Serbia

The firms secured first rank with a combined score of 97.21, significantly exceeding the minimum qualifying score of 80. Their evaluation breakdown reflects strong technical and financial performance :-

• Technical Score - 96.51

• Consultant Experience - 9.80

• Methodology - 47.93

• Key Personnel - 38.78

• Financial Score - 100

Strategic Significance for Serbia

This government contract forms part of Serbia’s broader public sector reform agenda aimed at modernizing public financial management (PFM). Accurate valuation of state-owned real estate assets will improve :-

• Asset transparency and reporting

• Budget planning and fiscal sustainability

• Public investment prioritization

• Alignment of state assets with climate and environmental objectives

As Serbia advances its green transition strategy, better asset management is expected to unlock opportunities for sustainable financing and EU-aligned fiscal reforms.

Industry and Institutional Context

The QCBS procurement method highlights the emphasis on technical quality alongside cost competitiveness in international development projects. With advisory expertise and engineering valuation capabilities, the selected firms are positioned to deliver comprehensive asset assessment services.

The contract award represents a notable development in Serbia procurement news, reinforcing investor confidence in transparent tender results and awarded tenders within the country’s public finance and governance sector.

Conclusion

With this €300,000 consultancy agreement, Serbia takes a concrete step toward integrating environmental priorities into fiscal management. Over the coming year, the valuation exercise is expected to provide a data-driven foundation for more efficient public asset utilization and sustainable economic planning.

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