The official figures published throughout 2025 confirm a scenario of growth in public procurement in Spain, with a significant increase in the volume of tenders compared to previous years. This trend points to a more active context heading into 2026, in which administrations and companies are preparing for a greater number of tenders linked to infrastructure, public services and strategic projects.
According to OIReScon data, the third quarter of 2025 recorded 54,788 contracts put out to tender for an aggregate amount of 31,001.98 million euros, the highest volume for that period and with year-on-year growth of over 20%. This increase in activity translates directly into more processes in which companies must prove solvency, technical capacity and regulatory compliance.
More tenders, a greater weight of guarantees
The upturn in tenders brings with it an increase in the guarantees required at the various stages of public procurement. From the submission of bids to the performance of contracts and the coverage of advance payments, companies must meet requirements designed to protect administrations against breaches or financial risks, as established by the regulations in force on public procurement.
In a context of a greater volume of tenders, the accumulation of guarantees can become a limiting factor. Resorting to bank guarantees can strain companies’ financial capacity by increasing bank indebtedness and conditioning future credit lines, potentially reducing room for manoeuvre, especially when bidding simultaneously on several tenders or on long-term contracts.
The surety bond as a strategic tool
Against this backdrop, the surety bond is consolidating itself as a key tool to prepare companies for 2026. By making it possible to cover bid, performance and advance payment guarantees without affecting bank financing, it helps maintain liquidity and preserve the ability to compete in a more active public market.
In addition, the modernisation and digitalisation of public procurement processes, increasingly present in the tenders published in 2025, are forcing companies to professionalise their financial and documentary management even further. In this context, having agile guarantee tools adapted to the pace of the market is decisive.
At Sammy Free we point out that, in a context of sustained growth in tenders such as that observed in 2025, getting ahead in the structuring of guarantees is key to facing 2026 with greater financial soundness. In this scenario, the surety bond makes it possible to balance risk and opportunity, by facilitating participation in public tenders without compromising companies’ liquidity or growth capacity.
Beyond its function as a guarantee, the surety bond is establishing itself as an indicator of financial maturity and good risk management in companies operating in public procurement. In an environment where administrations increasingly value reliability, continuity of service and long-term compliance capacity, having well-designed surety structures reinforces the successful bidder’s credibility and contributes to more stable relationships between the public and private sectors. Heading into 2026, this qualitative dimension will be as relevant as technical capacity or price in award processes.
This process may not only affect Spain; other European countries will also be influenced. That is why it is essential to know how you can bid with guarantees in several European countries at once. This may be the case of Poland, a country that has gained relevance for Spanish companies wishing to take part in public works tenders beyond their borders.
