Financial contribution for reconstruction of the KR football stadium in Frostaskjól
- Published
- 10 November 2025
- Estimated value
- 518,100,000 ISK
- Place of performance
- Reykjavík, IS001
- Procedure
- Negotiated procedure
- Lots
- 1
- Notice number
- 00744071-2025
- Reference
- 7ef888f1-bb63-43f8-a240-7cb56d912342
- Official source
- Official source
CPV codes
- 45212200Trabajos de construcción de instalaciones deportivas
Description
The City of Reykjavík has entered into an agreement with Knattspyrnufélag Reykjavíkur (KR) for a financial contribution to support the reconstruction of the KR football stadium at Frostaskjól. The total amount of the contribution is ISK 518,100,000, of which ISK 192,711,630 was paid in 2025 and the remainder will be paid in annual instalments during 2026–2028. The project involves reconstruction of the main football field, including works on substructure, heating system, irrigation, and installation of new artificial turf, as well as related groundworks and technical facilities. The purpose of this publication is to ensure transparency. The agreement does not represent a competitive procurement procedure under Directive 2014/24/EU but a financial grant agreement with the local football club, which owns and operates the facility.
Award criteria
- Price — The contract was directly awarded without prior competition. No award criteria were applied.
Awards
| Awarded to | Amount | Date |
|---|---|---|
| Knattspyrnufélag Reykjavíkur | 518,100,000 ISK | — |
Official publications
- TED · 00744071-2025 · 10 November 2025
- OJS · 216/2025 · 10 November 2025
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Frequently asked questions
- What is the estimated value of this tender?
- The estimated value published by the buyer is 518,100,000 ISK.
- Who is the buyer of this tender?
- The contracting authority is Innkaupaskrifstofa Reykjavíkurborgar (European Union).
- How can I bid for public tenders in European Union?
- Bids are submitted through the official procurement portal of European Union. El Vínculo helps you find tenders and analyse their documents; submission always happens at the official source.
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