Summary
Machine-generated summaryThe Finnish Transport Infrastructure Agency (Väylävirasto) and the City of Vaasa are launching a procurement for the construction of the Vt 8 and St 724 Vaasa link road. Candidates and candidate groupings are sought to implement the project as an alliance partner, working in cooperation with the contracting authorities. The project is a pilot to scale the alliance model for medium-sized projects, and a separate design party will be procured at the start of the development phase. The development phase starts around June 2026 and the implementation phase around January 2027. The work includes widening the road to a 2+2 lane road with a central barrier, upgrading existing junctions, improvements to other road and street networks, new crossings for pedestrians and cyclists, noise barriers and better public transport arrangements.
Description
Official source
Source: TED - Tenders Electronic Daily (Publications Office of the EU)
Always verify details on the official notice.
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Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 3 days ago
What this market pays
The buyer has too few awards of its own in this sector, so this is the range of the last 496 awards for Construction work in Finland.
- Median award
- €4.2M
- Middle half of past awards
- €618,750 to €10.2M
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.
The buyer
Full buyer profileVäylävirasto; Vaasan kaupunki
- notices in the register
- 5
- award
- 1
- awarded in total
- €3.8M
One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.
This buyer has no award history in this sector yet. Usual winners, Construction work - Finland
| Company | Wins | Total awarded | Last win |
|---|---|---|---|
| GRK Suomi Oy | 15 | €196.6M | Jun 2026 |
| Kreate Oy | 12 | €210.1M | Aug 2026 |
| VM Suomalainen Oy | 11 | €59.6M | Jun 2026 |
| Consti Korjausrakentaminen Oy | 9 | €546.3M | Jul 2026 |
| Caverion Suomi Oy | 9 | €61.6M | Jun 2026 |
Based on 523 awards with a linked company profile over the last 2 years.
2 open tenders right now
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
- 29,740
- median open notice
- €807,606
Who wins in this market
Many suppliersFinland · Construction work
- different companies won awards here
- 340
- of the awards went to the three most frequent winners
- 7%
- buyers awarded contracts here
- 201
Based on 523 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)
- 5.5
- of those lots received a single tender
- 5%
- of the awards went to companies based in another country
- 1%
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.
Similar tenders
Open now
1
day left
€7,800,000
est. value
Awarded before
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