Daily Tender Volume and Value Overview
February 4, 2026, presented a dynamic procurement landscape with significant new tender issuance activity. The day saw 608 new tenders published globally, representing a substantial volume of opportunities entering the market. These new tenders carried a combined estimated value of $2,457,583,046.98 USD, indicating high-value procurement activity across multiple sectors and regions.
In contrast to the robust new tender issuance, award activity remained relatively modest. Only 15 tenders were awarded on this date, with a total awarded value of $38,666,574.00 USD. This represents a significant disparity between the volume and value of new opportunities versus those being finalized, suggesting that many procurement processes remain in earlier stages of the bidding cycle.
The tender closure metric showed 112 tenders closing on February 4, 2026, indicating active bidding processes reaching their submission deadlines. This closure volume, while substantial, is significantly lower than the new tender issuance, contributing to a growing pipeline of active opportunities in the global procurement market.
- 608 new tenders published with $2.46 billion USD total value
- 15 tenders awarded totaling $38.7 million USD
- 112 tenders closed on submission deadlines
- Significant disparity between new issuance and award volumes
Geographic Distribution and Market Leadership
Geographic analysis reveals concentrated procurement activity in developed markets, with the United States and United Kingdom dominating tender volume. The United States accounted for 356 of the 608 new tenders published on February 4, 2026, representing approximately 58.6% of all new opportunities. This substantial volume confirms the United States' position as the most active procurement market globally.
The United Kingdom followed with 155 new tenders, accounting for approximately 25.5% of the day's total. This strong showing from the UK market indicates robust public and private sector procurement activity. South Africa emerged as the third most active market with 50 new tenders, demonstrating significant procurement needs in the African region.
Other notable markets included Saudi Arabia with 20 new tenders and Japan with 8 new tenders. The geographic distribution shows a strong concentration in English-speaking developed economies, with emerging markets representing a smaller portion of the day's total tender volume. This pattern suggests varying procurement maturity levels and publication practices across different regions.
- United States: 356 tenders (58.6% of total)
- United Kingdom: 155 tenders (25.5% of total)
- South Africa: 50 tenders (8.2% of total)
- Saudi Arabia: 20 tenders, Japan: 8 tenders
- Strong concentration in developed English-speaking markets
Sector Analysis and Opportunity Distribution
Sector classification of the day's tenders reveals a diverse procurement landscape with the 'Other' category dominating volume. This broad classification accounted for 413 of the 608 new tenders published on February 4, 2026, representing approximately 67.9% of all opportunities. The prevalence of this category suggests either diverse procurement needs across multiple specialized sectors or potential classification challenges in tender data.
Non-Consulting Services emerged as the second largest sector with 76 tenders, indicating significant demand for various service provisions outside traditional consulting arrangements. Works (construction and infrastructure) followed with 27 tenders, reflecting ongoing infrastructure development and maintenance projects across the covered markets.
Information Technology & Software procurement showed moderate activity with 16 tenders, while Direct Purchase opportunities accounted for 15 tenders. The sector distribution highlights the continued importance of services and specialized procurement, with traditional goods purchasing representing a smaller portion of the day's tender volume.
- 'Other' category: 413 tenders (67.9% of total)
- Non-Consulting Services: 76 tenders
- Works: 27 tenders
- Information Technology & Software: 16 tenders
- Direct Purchase: 15 tenders
Bidding Dynamics and Award Insights
The average bid window for tenders published on February 4, 2026, stood at 19.3 days, indicating relatively short response times for suppliers. This 19.3-day average suggests procurement entities are operating with efficient timelines, though it may present challenges for suppliers requiring extensive preparation for complex bids. The consistent window across sectors and regions points to standardized procurement practices in the covered markets.
Award distribution showed five distinct winners each receiving one contract on February 4, 2026. The winning organizations included Public Policy Lab Inc (20 Jay Street), Laboratory Testing Services Inc (40-20 22nd Street), El Diario LLC (41 Flatbush Avenue), AmmaluIT Corp (31-00 47th Avenue), and Starfish LLC (138 W 25th Street). The geographic concentration of winners in specific addresses suggests localized procurement success, though the single contract per winner indicates broad distribution rather than dominance by any single supplier.
The modest award volume of 15 contracts against 608 new tenders published highlights the typical procurement cycle lag, where opportunities published today will likely see awards in subsequent weeks or months. This dynamic creates a pipeline effect that suppliers must navigate strategically, balancing current bidding opportunities with future award possibilities.
- Average bid window: 19.3 days
- Five distinct award winners with one contract each
- Winners show geographic concentration in specific addresses
- Award volume significantly lower than new tender issuance
- Typical procurement cycle lag between publication and award