The framework agreement covers multidisciplinary engineering services in connection with flood and erosion mitigation projects across Norway, including associated hydrological and river hydraulics analyses. Multiconsult Norge, with sub-contractors, is one of four engineering consultancy companies that are nominated for the framework agreement.

The framework agreement has a duration of two years, with options for NVE to extend the agreement by one year + one year. Work under the framework agreement may start immediately. The total estimated value of the framework agreements is up to NOK 300 million (excluding VAT) over four years, shared between the selected suppliers. The agreement does not entail any minimum purchase obligation for NVE.

Call-offs under the framework agreement will be made in writing. Assignments with an estimated value below NOK 2.5 million (excluding VAT) may be awarded directly. Assignments exceeding NOK 2.5 million (excluding VAT) will be subject to mini competitions among the framework suppliers.

"We look forward to supporting NVE in delivering robust and sustainable solutions that contribute to reducing flood and erosion risk nationwide. This is an area where Multiconsult has significant competence, and employees from several of our regional offices will contribute with their expertise." says Therese Bodding Sæthre, Director Geo, Water & Environment at Multiconsult.

The nomination is subject to a standstill period (NO: karenstid), which expires on 9 March 2026.

For further information, please contact:

Investor relations:
   Pål-Sverre Jørgensen, Group Treasurer & IRO
   Phone: +47 416 11 161
   E-mail: ir@multiconsult.no / psmj@multiconsult.no
Media:
   Lars Nermoen, Communications Director
   Phone: +47 902 40 153
   E-mail: lars.nermoen@multiconsult.no