Total Tenders Added
906
9.8%2026 vs 2025
+159
Tracking public procurement across 159+ countriesPublicProcurementIceland Market
Geothermal dominance, volcanic terrain engineering, sustainable fisheries, and resilient transport systems strongly influence infrastructure decisions across this Nordic island economy.
View all tendersTotal Current Forecasts
112
Currently available
Total Awards
153
50.2%2026 vs 2025
Total Awarded Funds
$3.0B
38.1%2026 vs 2025
Average Award
$29.4M
32.6%2026 vs 2025
Iceland Geothermal Systems
National priorities heavily favor renewable heating networks, climate-adapted mobility, healthcare modernization, digital infrastructure, marine operations, and long-term resilience against harsh environmental conditions.
Top Sectors by Estimated Budget
Explore the most lucrative procurement categories over the past 12 months, ranked by the total estimated budget of available tenders.
Top Sectors by Tender Volume
Discover which industries generated the highest number of public contract opportunities in Iceland over the last 12 months.
Construction work206
CPV 45000000
Medical equipments, pharmaceuticals and personal care products87
CPV 33000000
Sewage, refuse, cleaning and environmental services67
CPV 90000000
Architectural, construction, engineering and inspection services55
CPV 71000000
Transport equipment and auxiliary products to transportation53
CPV 34000000
Repair and maintenance services53
CPV 50000000
Electrical machinery, apparatus, equipment and consumables; lighting49
CPV 31000000
IT services: consulting, software development, Internet and support47
CPV 72000000
Laboratory, optical and precision equipments (excl. glasses)36
CPV 38000000
Transport services (excl. Waste transport)36
CPV 60000000