bjóðendur

Bjóðendur is Icelandic for bidders or offerors in auctions and procurement. It refers to individuals or organizations that submit bids or offers in response to a tender invitation or auction. Each bjóðandi submits a tilboð outlining price, specifications, delivery terms, and other conditions.

In public procurement, bjóðendur must meet eligibility criteria and comply with tender rules; their bids are evaluated according to predefined criteria such as price, quality, delivery, and sustainability. The winning bid is selected based on the evaluation method described in the tender documents.

The term emphasizes the action of offering within the procurement process. In everyday language, bjóðandi can also mean one who invites, though that sense is less common in official procurement contexts.

Etymology: bjóðendur is formed from the verb bjóða, meaning to offer or invite. The agent noun bjóðandi means one who offers, and the plural bjóðendur refers to those who offer. In practice, the plural is most often used to denote all bidders participating in a competition or tender.

See also: tilboð (offer), tilboðsgjafi (offeror), innkaup (procurement), opinber innkaup (public procurement).