How much is the Greenland tender market worth?
The Greenland tender market is estimated to be worth around US$200 million per year. This figure is based on estimates of government procurement spending and data from private tender aggregators. Bidding for tenders in Greenland is extremely lucrative for companies of all sizes.
What are the benefits of bidding on Greenland tenders?
Bidding for tenders in Greenland is extremely lucrative for companies of all sizes. Greenland tendering authorities release contracts for most of the products and services procured by them benefitting small, medium and large enterprises. A few of the benefits of bidding on Greenland tenders are -
What laws govern public procurement in Greenland?
Act on Public Procurement This law establishes the general framework for public procurement in Greenland. It covers topics such as tender procedures, contract awards, and dispute resolution. Executive Order on Public Procurement This executive order provides more detailed rules and guidelines for public procurement.
Does Greenland support SMEs in public procurement?
Greater participation of SMEs: The Greenland government is committed to supporting the participation of small and medium-sized enterprises (SMEs) in public procurement. This is reflected in the government's use of set-asides and other measures to encourage SME participation.
What services are available in Greenland?
Construction materials and services: The Greenland government is investing heavily in infrastructure development, so there is a high demand for construction materials and services. IT equipment and services: The Greenland government is committed to digital transformation, so there is a growing demand for IT equipment and services.
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