Source: https://tendernation.io/opportunities/01a13e2c-b894-715c-80a2-846426b3a8c2/belgium-research-and-development-services-and-related-consultancy-services-a

Open for bids BE open procedure

# Research and development services and related consultancy services – Assessing the Elasticity of Retail Investment to Tax Incentives

[European Commission, DG FISMA - Financial Stability, Financial Services and Capital Markets Union](https://tendernation.io/buyers/european-commission-dg-fisma-financial-stability-financial-services-and-capital-markets-union)

Estimated value

€300,000

Published

12 Oct 2026

Deadline

32 days left

20 Nov 2026

## Who can bid

- Open procedure

    Anyone can submit a full tender; there is no shortlisting stage.

## About this tender

The study should pursue two complementary objectives. First, it should estimate the elasticity of retail investment to tax incentives by analysing in order to determine how strongly tax advantages affect the likelihood to invest and the amounts invested. Second, it should assess the potential budgetary implications of introducing an SIA under different design scenarios, taking into account varying forms of tax incentives participation rates and substitution effects with existing savings products. This second objectives should be possibly combined with an assessment of second round effect of greater retail participation to capital markets on consumption and investment.. Taken together, the study should allow policymakers to assess the cost effectiveness of SIAs as a tool to increase retail participation in capital markets under the Savings and Investments Union.

## CPV classification

Research and development services and related consultancy services Economic research services Market and economic research; polling and statistics

Source

Tenders Electronic Daily (EU) · Notice 700915-2026

[View official notice](https://ted.europa.eu/en/notice/700915-2026)

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