Government procurement price of commercial energy storage in Luxembourg

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How much is the tender market worth in Luxembourg?

The Luxembourg tender market is estimated to be worth over EUR 2 billion (USD 2.2 billion) per year. The government is a significant purchaser of goods, services, and works, and there are a considerable number of tenders published each year. Bidding for tenders in Luxembourg is extremely lucrative for companies of all sizes.

What types of projects does Luxembourg invest in?

Construction and infrastructure projects: Luxembourg invests significantly in maintaining and upgrading its infrastructure, including roads, bridges, buildings, and public utilities. Tenders for construction projects are frequently published, covering a wide range of scales, from minor repairs to major infrastructure developments.

What is the Procurement Act in Luxembourg?

Procurement Act (Loi du 27 juin 2016 concernant les marchés publics et les conventions de concession): This act establishes the legal framework for government procurement in Luxembourg, outlining the principles, procedures, and requirements for the procurement of goods, services, and works.

How has e-tendering changed the procurement process in Luxembourg?

Increased use of e-tendering: The Luxembourg government is increasingly adopting e-tendering to streamline the procurement process, improve transparency, and reduce costs. Electronic platforms are now widely used for publishing tenders, submitting bids, and managing the procurement process.

How does the government support SMEs in the procurement process?

Supporting SMEs: The government is committed to supporting small and medium-sized enterprises (SMEs) in the procurement process. Measures such as simplified procedures, dedicated SME-only tenders, and mentoring programs are implemented to facilitate SME participation in government procurement.