Open procedures and awarded tenders

Wednesday 12. March 2025, the following tenders were submitted for tender no. 2025-02 BUF10 Structures.

• Ístak hf
  Total cost 6.818.737.494 ISK
  Carbon cost 327.401.836 ISK
• K16 ehf and MFB GmbH
  Total cost 7.492.838.469 ISK
  Carbon cost 628.956.908 ISK
• Íslenskir aðalverktakar hf
  Total cost 7.841.172.239
  ISK Carbon cost 364.011.300 ISK
• Eykt ehf, Þjótandi ehf and MFB Bau GmbH
  Total cost 7.906.718.690
  ISK Carbon cost 855.525.600 ISK
• Borgarverk ehf and Fortis ehf
  Total cost 9.124.119.947
  ISK Carbon cost 774.366.918 ISK
• ÞG verktakar ehf and Suðurverk ehf
  Total cost 9.180.382.160 ISK
  Carbon cost 204.966.234 ISK
• LNS AS
  Total cost 9.498.430.578 ISK
  Carbon cost 519.154.944 ISK

All tendered prices are including VAT and are published with reservation on errors.

The cost estimate for the work was 8.974.292.057 ISK including VAT.

Opening Meeting

On Friday, March 7, 2024, at 14:00, bids for tender no. 2024-21, HVM02 Work Camp Facilities, were opened. The comparative prices in Icelandic króna, excluding VAT, were as follows:

• E. Sigurðsson ehf.: 900,002,332 ISK
• Hýsi-Verkheimar ehf.: 946,374,899 ISK
• Modulbyggingar ehf.: 1,084,447,934 ISK
• Sjammi ehf.: 735,094,630 ISK
• Stólpi Gámar: 698,613,701 ISK

The estimated cost for the project was 681,840,000 ISK.

Bid amounts are presented subject to possible errors.

Outcome

[April 8, 2025] Landsvirkjun has approved the bid from Stólpi Gámar ehf., which was the most competitive based on the selection criteria of price and quality.

Tender no. 2024-03 BUF30 – Wind Turbine Generator was tendered through Achilles qualification system.

The contract was awarded to Enercon GmbH.

Tender no. 2024-05 BUF31 – Power Transformer was tendered through Achilles qualification system.

The contract was awarded to EFACEC Energia, Máquinas e EquipamentosEléctricos, SA.

Opening Meeting

On Tuesday, November 5, 2024, at 11:00, bids for tender no. 2024-57, BUF32 33kV Underground Cable, were opened. The following bids were received:

• Ískraft/Húsasmiðjan
  Bid 1: $2,032,908
  Bid 2: $2,168,544
• Fagkaup ehf.
  Bid 1: $1,923,851
  Bid 2: $2,033,969
  Bid 3: $2,771,332
  Bid 4: $2,089,939
• Reykjafell ehf.: $1,897,492

The bid amounts are presented subject to possible errors.

Outcome

[December 16, 2024] Landsvirkjun has approved the bid from Fagkaup ehf., which was the most competitive based on the selection criteria of price.

Opening Meeting

On Monday, November 4, 2024, at 14:00, bids for tender no. 2024-20, HVM01 Road Construction, Material Processing, and Pipeline Installation, were opened. The comparative prices (bid price for project components + carbon cost, including VAT) were as follows:

• Fossvélar ehf.: 1,294,094,596 ISK
• Suðurverk hf.: 1,851,940,169 ISK
• Ístak hf.: 1,655,844,133 ISK
• ÍAV hf.: 1,792,877,319 ISK
• Þjótandi ehf.: 1,337,570,995 ISK
• Grafa og grjót ehf.: 1,692,403,171 ISK

The estimated comparative cost for the project was 1,807,321,048 ISK.

Bid amounts are presented subject to possible errors.

Outcome

[November 26, 2024] Landsvirkjun has approved the bid from Fossvélar ehf., which was the most competitive based on the selection criteria of price and quality.

Opening Meeting

On Tuesday, September 24, 2024, at 14:00, bids for tender no. 2024-27, SIG60 Consulting Services for the Expansion of Sigöldustöð, were opened. The following bids were received:

• COWI Ísland: 1,173,098,406 ISK (excluding VAT)
• EFLA: 1,250,134,300 ISK (excluding VAT)
• Verkís: 1,249,864,545 ISK (excluding VAT)

The bid amounts are presented subject to possible errors.

Outcome

[October 21, 2024] Landsvirkjun has approved the bid from COWI Ísland ehf., which was the most competitive based on the selection criteria of price.

Opening Meeting

On Monday, August 19, 2024, at 13:00, bids for tender no. 2024-42, BUF05 Road Construction, were opened. The following bids were received:

• Borgarverk ehf.
  Total price: 784,602,200 ISK (incl. VAT)
  Total carbon cost: 30,032,677 ISK
• Ístak hf.
  Total price: 1,067,465,414 ISK (incl. VAT)
  Total carbon cost: 73,370,822 ISK
• Suðurverk hf.
  Total price: 1,137,416,339 ISK (incl. VAT)
  Total carbon cost: 97,328,400 ISK
• Þjótandi ehf.
  Total price: 795,162,400 ISK (incl. VAT)
  Total carbon cost: 32,909,552 ISK
• VBF Mjölnir ehf.
  Total price: 827,890,960 ISK (incl. VAT)
  Total carbon cost: 41,726,568 ISK

The estimated cost for the project was 1,098,953,017 ISK (incl. VAT).

Bid amounts are presented subject to possible errors.

Outcome

[August 30, 2024] Landsvirkjun has approved the bid from Borgarverk ehf., which was the most competitive based on the selection criteria of price and quality.

Opening Meeting

On Friday, August 16, 2024, at 14:00, bids for tender no. 2024-41, BUF65 Supervisory Services for Búrfellslund, were opened. The following bid was received:

• COWI Ísland ehf.

Outcome

[September 13, 2024] Landsvirkjun has approved the bid from COWI Ísland ehf., which was the most competitive based on the selection criteria of price and quality.

Opening Meeting

Bids for tender no. 2024-28, Renewal of 400 V Sub-Distribution Systems, were opened on August 15, 2024, at 14:00. The following bids were received:

• RST Net: 224,509,075 ISK (excluding VAT)
• Orkuvirki: 227,339,392 ISK (excluding VAT)

The bid amounts are presented subject to possible errors.

Outcome

[September 24, 2024] Landsvirkjun has approved the bid from Orkuvirki, which was the most competitive based on the selection criteria of price.

Opening Meeting

Bids for tender no. 2024-30, Framework Agreement for Computer Equipment, were opened on June 13, 2024, at 11:00. The following bids were received:

Category 1: Computers and Monitors

• Advania ehf.
• Opin Kerfi hf.
• Origo Lausnir ehf. and Origo hf.

Category 2: Accessories

• Egilsson ehf.
• Advania Ísland ehf.
• Opin Kerfi hf.
• Origo Lausnir ehf. and Origo hf.

Outcome

[August 26, 2024] Landsvirkjun has approved the bid from Origo hf. and Origo Lausnir ehf. as the most competitive in Category 1 (Computers and Monitors) based on the selection criteria of price and quality.

In Category 2 (Accessories), the following bids were accepted:

• Advania Ísland ehf.
• Egilsson ehf.
• Opin Kerfi hf.
• Origo hf. and Origo Lausnir ehf.

Opening Meeting

Bids for tender no. 2024-29, Blöndustífla - Upgrades to Bottom Outlet, were opened on May 27, 2024, at 11:00. The following bid was received:

• Friðrik Jónsson ehf. - 82,088,670 ISK

All prices are presented excluding VAT and are subject to possible errors.

Outcome

[June 12, 2024] Landsvirkjun has approved the bid from Friðrik Jónsson ehf., which was the most competitive based on the selection criteria of price.

Opening Meeting

Bids for tender no. 2024-12, MÚLI (Expansion of Eiríksbúð), were opened on May 21, 2024, at 14:00. The following bids were received:

• Eykt ehf.
  Bid amount: 1,439,897,513 ISK
  Total carbon cost: 21,973,673 ISK
  Total bid amount: 1,452,871,186 ISK
• Ístak hf.
  Bid amount: 1,078,834,270 ISK
  Total carbon cost: 22,463,077 ISK
  Total bid amount: 1,101,297,347 ISK
• Landstólpi ehf.
  Bid amount: 924,078,511 ISK
  Total carbon cost: 12,780,055 ISK
  Total bid amount: 936,858,566 ISK
• Estimated cost: 1,191,659,534 ISK (Carbon cost not included in the estimate).

All prices are presented excluding VAT and are subject to possible errors.

Outcome

[June 13, 2024] Landsvirkjun has approved the bid from Landstólpi ehf., which was the most competitive based on the selection criteria of carbon cost and price.

Opening Meeting

On Thursday, May 2, 2024, bids for 11 kV Underground Cable, tender no. 2024-19, were opened. The following bids were received:

• Fagkaup
  Bid 1: 106,265,000 ISK
  Bid 2: 115,255,000 ISK
• Ískraft: 115,186,350 ISK
• Reykjafell
  Bid 1: 107,820,000 ISK
  Bid 2: 125,965,000 ISK
• RST Net: 157,771,738.59 ISK
• TCDL Steel: 249,701,656.50 ISK

All prices are excluding VAT. Bids submitted in euros were converted to Icelandic króna using the Central Bank of Iceland's reference exchange rate on May 2, 2024.

Outcome

[May 21, 2024] Landsvirkjun has approved the bid from Fagkaup ehf., which was the most competitive based on the selection criteria of price and quality.

Opening Meeting

Bids for tender no. 2024-16 Vatnsfellsskurður - Cleaning of sediment from the excavation above the main valve and release of sediment were opened on April 22, 2024, at 14:00.

The following bids were received:

Hagtak hf: 2,620,967,742 ISK.

Prices are displayed without VAT, subject to errors.

Outcome

[April 30, 2024] Landsvirkjun has rejected all bids on the grounds that they were too far from the project's cost estimate.

Opening Meeting

Bids for tender no. 2023-108, Repair of the Bottom Channel Drainage Ditch at Ufsarstífla, were opened on April 2, 2024, at 14:00. The following bid was received:

• MVA ehf.: 96,446,100 ISK

The prices are presented excluding VAT and are subject to possible errors.

Outcome

[April 24, 2024] Landsvirkjun has approved the bid from MVA ehf., which was the most competitive based on the selection criteria of price.

Opening Meeting

Bids in the price inquiry no. 2024-06 for the repair of Vatnsfellsskurður below the main dam were opened on March 14, 2024, at 14:00.

The following bids were received:

• Suðurverk hf: 258,803,136 ISK.

Prices are displayed without VAT, subject to errors.

Outcome

[April 24, 2024] Landsvirkjun has approved the bid from Suðurverk hf., which was the most competitive based on the selection criteria of price.

Opening Meeting

Bids for tender no. 2024-04 BUF60 Consulting Services were opened on March 12, 2024, at 14:00. The following entities submitted bids:

• COWI Ísland
• EFLA
• Verkís
• VSÓ Ráðgjöf

Outcome

[April 9, 2024] Landsvirkjun has approved the bid from Verkís, which was the most competitive based on the selection criteria of price and quality.

Opening Meeting

Bids for tender no. 2023-105 Maintenance of infrastructure in the Fljótsdalsstöð area were opened on March 11, 2024, at 14:00.

No bids were received.

Opening Meeting

18 January 2024, submitted tenders for Modular soundproof office pods and phone booths were opened.

The following tenders were submitted.

• Á. Guðmundsson ehf.: 46.670.000 ISK
• Egilsson ehf. Tilboð 1: 50.191.950 ISK
• Egilsson ehf. Tilboð 2: 54.087.092 ISK
• Hirzlan ehf. Tilboð 1: 47.800.000 ISK
• Hirzlan ehf. Tilboð 2: 54.720.000 ISK
• Húsagerðin ehf.: 57.349.890 ISK
• Penninn ehf. Tilboð 1: 41.938.126 ISK
• Penninn ehf. Tilboð 2: 49.729.740 ISK
• Sýrusson hönnunarhús ehf. Tilboð 1: 45.674.800 ISK
• Sýrusson hönnunarhús ehf. Tilboð 2: 59.999.000 ISK
• Sýrusson hönnunarhús ehf. Tilboð 3: 57.738.800 ISK

Outcome

[6 February 2024] Landsvirkjun awarded the contract to Hirzlan ehf. which was the most successful in terms of selection criteria based on both price and quality.

Opening Meeting

Thursday, 14 December 2023, submitted tenders for Microsoft licence were opened, ITT No. 2023-97.

The following tenders were submitted. All prices are VAT-exclusive.

• Advania Ísland: 6.790.987 ISK
• OK: 3.406.331 ISK
• Origo: 6.676.559 ISK
• Sensa: 70.488.278 ISK

Outcome

[28 December 2023] Landsvirkjun awarded the contract to OK.

Opening Meeting

Wednesday, 27 September 2023, submitted tenders for Landsvirkjun‘s insurance were opened, ITT No. 2023-98.

The following tenders were submitted. All prices are VAT-exclusive.

• Sjóvá: 36.834.398 ISK
• TM: 57.421.192 ISK
• VÍS: 51.939.874 ISK
• Vörður: 55.231.559 ISK

Outcome

[20 October 2023] Landsvirkjun has awarded the contract to Sjóvá Almennar Tryggingar hf.

Opening Meeting

Wednesday, 21 June 2023, the following tenders were submitted in the pre-qualification of the tender process:

• BB OY
• Andritz Hydro GmbH
• E+I Engineering Ltd.
• GE Digital Services Europe
• Open Systems International Europe SL
• Schneider Electric Systems UK Ltd.
• Siemens AS
• Siemens Energy Global GmbH & Co KG

Outcome

[15 December 2023] Landsvirkjun has awarded the contract to Open Systems International Europe SL.

Opening Meeting

Wednesday, 24 May 2023, submitted tenders for Charging Stations were opened, ITT No. 2023-83.

The following tenders were submitted. All prices are VAT-exclusive.

• Ískraft: ISK 107,574,219
• Ísorka: ISK 108,010,000
• Reykjafell: ISK 106,013,429
• RST Net: ISK 119,952,415

Outcome

[13 June 2023] Landsvirkjun awarded the contract to RST NET for the highest points scored based on pre-published criteria.

Opening Meeting

Thursday, 13 April 2023, submitted tenders for MÚLI (Eiríksbúð Expansion) were opened, ITT No. 2022-66.

The following submissions were received:

• Eykt ehf.
  ISK 680,180,867, VAT-exclusive.
  Total GHG emissions due to selected project segments: 370 tonnes CO2-eq
  Total carbon costs from total GHG emissions: ISK 25,962,897, VAT-inclusive.
• Íslenskir aðalverktar hf.
  ISK 1,142,705,109, VAT-exclusive.
  Total GHG emissions due to selected project segments: 505 tonnes CO2-eq
  Total carbon cost from total GHG emissions: ISK 31,918,798, VAT-inclusive.
• Jáverk ehf.
  ISK 912,890,170, VAT-exclusive.
  Total GHG emissions due to selected project segments: 297 tonnes CO2-eq
  Total carbon costs from total GHG emissions: ISK 12,883,408, VAT-inclusive.

Cost estimate: ISK 492,333,639, VAT-exclusive.

Outcome

[24 August 2023] Landsvirkjun decided to reject all tenders due to cost estimate.

Opening Meeting

Monday, 13 March 2023, submitted tenders for Þórisósstífla – Renovation of Wave Erosion Protection were opened, ITT No. 2023-74.

The following submitted tenders were received. All prices are VAT-exclusive.

• Suðurverk hf
  ISK: 343,985,470
  Total GHG emissions from heavy equipment fuel consumption: 655.4 tonnes CO2-eq

Cost estimate: ISK 468,637,500

Outcome

Landsvirkjun will issue an award notification when the submitted tenders have been reviewed.

Opening Meeting

Thursday, 9 March 2023, submitted tenders for Wireline Logging and Geology Service at Þeistareykir were opened, ITT No. 2022-64.

The following tenders were submitted. All prices are VAT-exclusive.

• Íslenskar Orkurannsóknir: ISK 282,744,505
• Estimated cost: ISK 224,959,220

Landsvirkjun will issue an award notification when the submitted tenders have been reviewed.

Opening Meeting

Thursday, 1 November 2022, submitted tenders for Þeistareykir Snow Removal were opened, ITT no. 2022-36.

The following tenders were submitted. All prices are VAT-exclusive.

• Fjallasýn Rúnars Óskarssonar ehf.: ISK 25,246,894
• Cost estimate: ISK 20,402,820

Outcome

[27 December 2022] Landsvirkjun awarded the contract to Fjallasýn Rúnars Óskarssonar.

Opening Meeting

Tuesday, 8 November 2022, submitted tenders for the Construction of a Rockfall Barrier at Kárahnjúkar were opened, No. 2022-58.

The following tenders were submitted. All prices are VAT-exclusive.

• Gasser Felstechnik AG: EUR 1,329,420.81
• HYDROKARST GROUPE/CAN: EUR 3,392,104.00
• Köfunarþjónustan ehf.: EUR 3,638,379.56
• Estimated cost: EUR 1.850.000.00

Outcome

[12 December 2022] Landsvirkjun awarded the contract to Gasser Felstechnik AG.

Opening Meeting

Thursday, 20 October 2022, submitted tenders for Canteen and Catering Services at Krafla and Þeistareykir were opened, ITT no. 2022-37.

The following tenders were submitted. All prices are VAT-exclusive.

• AJ Veitingar ehf.: ISK 52,258,000
• RDS ehf.: ISK 58,773,000
• Cost estimate ISK 43,140,000

Outcome

[10 November 2022] Landsvirkjun decided to reject all tenders.

Opening Meeting

Monday, 8 August 2022, submitted tenders for Cleaning Services at the Þjórsá Area were opened, ITT No. 2022-44.

The following tenders were submitted. All prices are VAT-inclusive.

• Dagar ehf.: ISK 63,566,388
• Sólar ehf.: ISK 312,348,332
• Cost estimate: ISK 39,680,000

Outcome

[12 October 2022] Landsvirkjun awarded the contract to Dagar ehf.

Opening Meeting

Tuesday, 26 April 2022, submitted tenders for Quarrying at Þórisósstífla were opened, ITT No. 2022-33.

The following tenders were submitted. All prices are VAT-exclusive.

• Íslenskir aðalverktar hf.: ISK 308,048,279
  Total GHG emissions from heavy equipment fuel consumption: 631.93 tonnes CO2-eq
• Suðurverk hf.: ISK 221,398,984
  Total GHG emissions from heavy equipment fuel consumption: 555.43 tonnes CO2-eq
• Ístak hf.: 384,859,526
  Total GHG emissions from heavy equipment fuel consumption: 546.4109 tonnes of CO2

Cost estimate: ISK 340,102,223

Outcome

[31 May 2022] Landsvirkjun awarded the contract to Suðurverk hf.

Opening Meeting

Tuesday, 12 April 2022, submitted tenders for the Construction and Instalment of Bottom Valves were opened, ITT No. 2022-35.

The following tenders were submitted. All prices are VAT-exclusive.

• HD ehf.: ISK 71,326,919
• Héðinn hf.: ISK 78,032,133
• Stálorka ehf.: ISK 93,491,548
• Stálsmiðjan-Framtak ehf.: ISK 198,708,000
• Cost estimate: ISK 65,352,500

Outcome

[31 May 2022] Landsvirkjun awarded the contract to HD ehf.

Opening Meeting

Thursday, 7 April 2022, submitted tenders for Bank Protection, Road and Area Maintenance at Fljótsdalur Hydropower Station were opened, ITT No. 2022-32.

The following tenders were submitted. All prices are VAT-exclusive.

• Jónsmenn ehf.: ISK 89,985,500
• Þ.S. Verktakar.: ISK 98,711,194
• Cost estimate: ISK 90,540,000

Outcome

[13 May 2022] Landsvirkjun awarded the contract to Jónsmenn ehf.

Opening Meeting

Wednesday, 26 January 2022, the final tenders for ERP Implementation Procurement were opened, ITT No. 2021-09.

The following companies submitted their tenders:

• HSO Iceland ehf.
• Advania Ísland ehf. & Pingala A/S

Outcome

Landsvirkjun awarded the contract to Advania Ísland ehf. & Pingala A/S. The contract amount is ISK 176,399,904, VAT-exclusive.

Calls for expression of interest (EOI) in Interactive Procurement System: Vehicle Acquisition for Landsvirkjun were launched on 28 September 2021.

The following suppliers have submitted EOIs:

• Hekla ehf.
• Brimborg
• BL ehf.
• TK bílar ehf.

Opening Meeting

Monday, 22 March 2021, submitted tenders for a Wearing Course for the Road Þeistareykjavegur Syðri, Þeistareykir-Kísilvegur were opened, ITT No. 20347.

The following tenders were submitted. All prices are VAT-inclusive.

• Árni Helgason ehf.: ISK 354,849,170
• Borgarverk ehf.: ISK 439,080,000
• Cost estimate: ISK 357,330,000

Outcome

[14 April 2021] Landsvirkjun awarded the contract to Árni Helgason ehf.

Opening Meeting

Thursday, 18 February 2021, submitted tenders for a Stator for Generator 2 at Búrfell were opened, ITT No. 20341.

The following tenders were submitted. All prices are VAT-exclusive.

• Tenderer: Andritz Hydro GmbH
  Price: EUR 2,086,525
  KW losses: 298
• Tenderer: GE Renewable Hydro Spain SLU
  Price: EUR 1,746,100
  KW losses: 360
• Tenderer: Končar – Generators and Motors Inc.
  Price: EUR 1,285,000
  KW losses: 330
• Tenderer: Voith Hydro AB
  Price: EUR 2,294,000
  KW losses: 332

Cost estimate: EUR 1,532,000

Outcome

[17 May 2021] Landsvirkjun awarded Končar - Generators and Motors Inc the contract.

Opening Meeting

Thursday, 14 January 2021, submitted tenders for Telecommunication Services and Telecommunication Connections were opened, ITT No. 20318.

The following tenders were submitted. All prices are VAT-inclusive.

• Nova hf.: ISK 131,030,244
• Síminn hf.: ISK 74,758,128
• Sýn hf. (Vodafone): ISK 65,091,072

Outcome

[9 March 2021] Landsvirkjun awarded the contract to Sýn hf. (Vodafone).

Opening Meeting

Monday, 11 January 2021, submitted tenders for External Repair at Steingrímsstöð Power Station were opened, ITT No. 20324.

The following tenders were submitted. All prices are VAT-inclusive.

• Ístak hf.: ISK 172,867,486
• K16 ehf.: ISK 132,379,420
• Múr- og málningarþjónustan ehf.: ISK 169,224,040

Cost estimate: ISK 158,095,164

Outcome

[19 February 2021] Landsvirkjun awarded the contract to K16 ehf.

Opening Meeting

Friday, 31 July 2020, submitted tenders for A Crossing Over the River Þjórsá Above the Waterfall Þjófafoss were opened, ITT No. 20329.

The following tenders were submitted. All prices are VAT-inclusive.

• Eykt ehf.: ISK 237,117,542
• Landstólpi ehf.: ISK 243,157,709
• Ístak hf.: ISK 190,513,727

Cost estimate: ISK 125,900,000

Outcome

[4 August 2020] Landsvirkjun awarded the contract to Ístak hf.

Opening Meeting

Tuesday, 14 July 2020, submitted tenders for a Floodway at Sporðöldustífla/Hrauneyjastífla: Excavating and Grading were opened, ITT No. 20231.

The following tenders were submitted. All prices are VAT-inclusive.

• Ístak hf.: ISK 294,731,989
• Suðurverk hf.: ISK 363,158,800
• Cost estimate: ISK 401,861,680

Outcome

[10 August 2020] Landsvirkjun awarded the contract to Ístak hf.

Opening Meeting

Thursday, 2 April 2020, submitted tenders for Fljótsdalur Hydropower Station: Masonry and Concrete Repair were opened, ITT No. 20312.

The following tenders were submitted. All prices are VAT-inclusive.

• MVA ehf.: ISK 109,129,176

Cost estimate: ISK 81,772,475

Outcome

[22 April 2020] Landsvirkjun awarded the contract to MVA ehf.

Opening Meeting

On Tuesday, 30 June 2020, submitted Winter Service and Road and Area Maintenance tenders at the Þjórsá Area were opened, ITT No. 20309.

The following tenders were submitted. All prices are VAT-inclusive.

• Þjótandi ehf.: ISK 88,487,640

Cost estimate: ISK 88,040,000

Outcome

[19 August 2020] Landsvirkjun awarded the contract to Þjótandi ehf.