Iceland Procurement

European Union Iceland

Iceland's official government e-procurement portal for public sector tenders and contracts.

Visit Iceland Procurement

Rikiskaup is Iceland's central purchasing body, managing procurement for the Icelandic government. The organisation publishes tenders and manages framework agreements.

What Rikiskaup Covers

The portal covers central government procurement and framework agreements. Iceland has opportunities in geothermal energy, fishing industry services, IT, and general supplies.

How to Use the Portal

Suppliers can access tender information through the Rikiskaup website. Registration may be required for bidding. Iceland follows EEA procurement rules.

Strengths

  • EEA member: European Economic Area rules apply
  • Geothermal expertise: Energy sector opportunities
  • English capability: High English proficiency
  • Transparent: Clear procurement processes

Limitations

  • Small market: Population of 370,000
  • Icelandic documents: Many tenders in Icelandic
  • ISK currency: Exchange rate considerations
  • Remote location: Logistics considerations

How many notices does Iceland Procurement publish?

Nov 2025 Notices collected each month Oct 2026
Show as a table
MonthNotices
Nov 202530
Dec 202546
Jan 202642
Feb 202657
Mar 202694
Apr 202655
May 202677
Jun 202672
Jul 202636
Aug 202640
Sept 202638
Oct 202658

In the 12 months to 31 October 2026, Open Opportunities collected 645 notices from Iceland Procurement.

In the 12 months to 31 October 2026, Iceland Procurement published 645 tenders.

In the 12 months to 31 October 2026, the largest category of notices from Iceland Procurement was Construction work (CPV division 45): an estimated 41% of notices, from a sample of 645 counted by the most relevant CPV code Open Opportunities gave each.

In the 12 months to 31 October 2026, the most active buyer on Iceland Procurement was Vegagerðin, with 97 notices.

Of 100 tenders sampled from Iceland Procurement in the 12 months to 31 October 2026, half gave 31 days or more to respond.

Largest categories

  1. Construction work: 41%
  2. Architectural, construction, engineering and inspection services: 8%
  3. Sewage, refuse, cleaning and environmental services: 7%
  4. Medical equipment, pharmaceuticals and personal care products: 6%
  5. Transport equipment and auxiliary products to transportation: 5%

Most active buyers

  1. Vegagerðin: 97
  2. Reykjavíkurborg: 78
  3. Fjársýslan: 64

Frequently Asked Questions

Does Iceland follow EU procurement rules?

As an EEA member, Iceland follows rules equivalent to EU procurement directives. Above-threshold notices appear on TED.

Are there renewable energy opportunities?

Iceland's geothermal and hydroelectric expertise generates some procurement in energy services and related infrastructure.

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