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The Financial Management Authority Frontpage

Financial Management Authority

Development of a data platform service layer and a Model Context Protocol (MCP) interface.

28th September 2026

The Icelandic Financial Management Authority ("Fjársýslan"), ID No. 540269-7509, in cooperation with the Ministry of Education and Children ("MRN"), ID No. 460269-2969, invites tenders for the development of a data platform service layer and a Model Context Protocol (MCP) interface.

This is a request for quotation (RFQ) relating to a procurement below the applicable public procurement thresholds, pursuant to Article 24 of the Public Procurement Act No. 120/2016. 

The objective is to develop and implement a practical and secure data platform that enables a defined user group to utilise artificial intelligence to ask natural language questions within a specified data domain and receive traceable responses based on approved data, business definitions and access permissions. 

The solution is intended to support informed decision-making relating to the operations, finances and performance of public institutions, identify anomalies and risk indicators, compare similar institutions, and facilitate further analysis. Responsibility and decision-making will remain with staff and management. 

The RFQ documentation can be accessed below: 

https://utbodsvefur.is/verdfyrirspurn-throun-thjonustulags-gagnavistkerfis-og-model-context-protocol-mcp-vidmots/

Tenders must be submitted by email to: sigurjon.thrainsson@fjs.is 

Further information is available from Sigurjón Þráinsson, Head of Innovation and Development, at sigurjon.thrainsson@fjs.is. 

Milestone 

Date 

Deadline for questions 

6 October 2026 

Responses to questions issued by 

9 October 2026 

Tender submission deadline 

14 October 2026 

Proposed contract period 

1 November 2026 to 31 January 2027 

The Financial Management Authority

Business hours

Monday to Thursday 9-15
Fridays 9-13

Address

Katrínartún 6
105 Reykjavík

Kt. 540269-7509

Contact us

Email: fjarsyslan@fjarsyslan.is

Tel: 545 7500