Pre-Market Engagement regarding the appointment of a Financial Adviser & Related Services Framework (the Framework)

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Description

Göng og brú is a new Icelandic State-owned infrastructure company established to finance, build, own, operate and maintain major transport infrastructure of national economic importance, constituted under the Act No. 70/2026 on Innviðafélag. It follows the model of comparable State-owned infrastructure companies in the Nordic region, including Sund & Bælt in Denmark and Iceland’s own experience with the Hvalfjörður tunnel. It will operate at arm’s length from the Government, on a commercial and self-sustaining basis. Göng og brú’s initial portfolio represents a capital programme in excess of EUR 1.5 billion, encompassing, amongst other things, the Sundabraut arterial route in Reykjavík, a second bore of the Hvalfjörður sub-sea tunnel, and the forward financing of the new Ölfusárbrú bridge, with further projects to follow under the 2026–2040 National Transportation Plan. Together these projects represent a multiyear capital programme of substantial scale. This notice is published as part of a Pre-Market Engagement (PME) exercise, in respect of a proposed Framework, conducted prior to any formal procurement process. The PME allows Göng og brú to refine its thinking on scope, procurement structure and market appetite, and gives interested organisations an early opportunity to help shape the approach. The PME comprises three elements. First, interested organisations may request the PME Information Document and questionnaire, which sets out background on Göng og brú and its programme and invites structured written responses. Second, a Plenary Meeting will be held online on 3 November 2026, at which further information will be presented. Third, following review of questionnaire responses, Göng og brú may invite selected organisations to participate in individual virtual one-to-one discussions on a confidence-protected basis.

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Source

View the official notice on TED ↗