HVM-01 Road and earthwork, aggregate manufacturing and production, as well as other related infrastructure work for work camps
About This Opportunity
construction & civil works works contract awarded in Iceland: HVM-01 Road and earthwork, aggregate. By Landsvirkjun. Awarded to Fossvélar ehf. (ISK 995.2M).
This is a works contract in the construction and civil works sector, with a focus on Roads. Located in Iceland, Europe, this opportunity is open to firms and consortiums.
Published through TED - Tenders Electronic Daily (EU), a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for civil works in the construction and civil works sector. Works contracts of this nature generally require demonstrated experience in similar infrastructure projects, adequate equipment and technical personnel, and financial capacity including bank guarantees. This contract has already been awarded. The information is published for transparency and market intelligence purposes.
Description
The contract includes construction work of roughly 2,8 km of new road as well as excavation, drilling and blasting of rock. The rock will be used to manufacture and produce crushed and screened aggregates which will be used for structural layers for road construction and other infrastructure projects in the area. It is also included in the contract to prepare earth filling for work camps and prepare related infrastructure such as water, sewage, electricity etc. Main quantities of the works can be found in the tender documents.
Data provenance
This notice is sourced from TED - Tenders Electronic Daily (EU) and was originally published on March 16, 2026. Last refreshed 62 days ago. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Landsvirkjun
Landsvirkjun has issued 44 procurement notices on BidsFactory, including 6 currently open and 13 awarded contracts. Activity concentrates in Construction & Civil Works, Architecture & Engineering Services, and Energy & Power. All notices are published for Iceland. Notices are distributed via TED - Tenders Electronic Daily (EU) and Iceland Útboðsvefur. Most recent publication: July 19, 2026.
Frequently asked questions about this tender
How can I submit a bid?
Visit TED - Tenders Electronic Daily (EU) to access the full notice, required documents, and submission instructions provided by the contracting authority.
Is this tender still open?
No — the contract has already been awarded to Fossvélar ehf.. The award notice is archived on BidsFactory for transparency and market intelligence.
Who is the contracting authority?
This notice was issued by Landsvirkjun in Iceland. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
What type of contract is this?
This is a Works contract in the Construction & Civil Works sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
How much was the contract awarded for?
Fossvélar ehf. was awarded the contract for €995,166,586. The figure reflects the value disclosed by the contracting authority in the award notice.
Where will the contract be performed?
The contract is for delivery in Iceland. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
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