Summary
Machine-generated summaryThe tender covers the design, manufacture, shop testing, transport, delivery, installation, erection, field testing and commissioning of two steel penstocks with flow measurement systems in Iceland. The scope includes all related mechanical, electrical and instrumentation work needed for reliable operation, together with associated equipment, materials, engineering, temporary works, labour, supervision and services required for a fully operational installation. The estimated time for completion runs from January 2027 to October 2030, with installation of the penstocks taking place between June 2028 and April 2030.
The Aperlena Verdict
Open race
No supplier dominates: 7 different companies have won the last 7 comparable contracts from this buyer over 5 years. This is a genuinely open race.
How we count
Based on 7 comparable awards by this buyer in this sector over 5 years. Every verdict is recorded before the outcome and graded against the award notice. How we score ourselves.
Timing
- Published
TED - Tenders Electronic Daily (Publications Office of the EU) does not publish a closing date for this notice. See the official notice
Description
Official source
Source: TED - Tenders Electronic Daily (Publications Office of the EU)
Always verify details on the official notice.
Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 2 weeks ago
Market
Construction work in Iceland
- median award in this market
- €6.2M
- tenders per lot in this buyer's awards
- 4.5
More figures
What this market pays
The buyer has too few awards of its own in this sector, so this is the range of the last 29 awards for Construction work in Iceland.
- Median award
- €6.2M
- Middle half of past awards
- €1.8M to €21.1M
TED - Tenders Electronic Daily (Publications Office of the EU) publishes no value for this notice, so it has no mark on the scale. The official documents may state one.
Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.
Market context
TED - Tenders Electronic Daily (Publications Office of the EU) publishes no value for this notice, so it cannot be placed among the open notices of its sector. The official documents may state one.
- open now in Construction work
- 20,095
- median open notice
- €523,797
Who wins in this market
Many suppliersIceland · Construction work
- different companies won awards here
- 24
- of the awards went to the three most frequent winners
- 30%
- buyers awarded contracts here
- 13
Based on 30 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.
Competition
- of the tenders came from another country
- 2%
As the official award notices state them, over the last 3 years. Tenders per lot count open and restricted procedures only: in a negotiated procedure or a direct award a single tender is the procedure itself. The country is the one the notice gives for the winner.
The buyer in figures
Landsvirkjun
- notices in the register
- 80
- awards
- 23
- awarded in total
- €81.6M
Who wins its contracts
Many suppliers- different companies won its awards
- 18
- of the awards went to the three most frequent winners
- 21%
- of its calls state an estimated value
- 0%
Based on 19 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.
Competition
- tenders per lot on average (open and restricted procedures)
- 4.5
- of those lots received a single tender
- 0%
- of the awards went to companies based in another country
- 5%
As the official award notices state them, over the last 3 years. Tenders per lot count open and restricted procedures only: in a negotiated procedure or a direct award a single tender is the procedure itself. The country is the one the notice gives for the winner.
One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.
The buyer
Full buyer profileLandsvirkjun
Who usually wins this buyer's contracts in this sector
| Company | Wins | Total awarded | Last win |
|---|---|---|---|
| Ístak hf | 1 | €38.7M | Feb 2026 |
| Fossvélar ehf. | 1 | €6.9M | Mar 2026 |
| Landstólpi ehf. | 1 | €6.4M | Mar 2026 |
| Stolpi gamar ehf | 1 | €6.2M | Jun 2026 |
| Borgarverk ehf. | 1 | €4.5M | Mar 2026 |
Based on 7 awards with a linked company profile over the last 5 years.
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