Multi-attribute procurement auctions with risk averse suppliers

► We analyze multi-attribute procurement auctions with risk-averse suppliers. ► We obtain equilibrium bidding strategies for first- and second-score auctions. ► Equilibrium bids decrease with the number of suppliers in the first-score auction. ► Equilibrium bids decrease with supplier risk aversion in the first-score auction. ► A buyer prefers the first-score auction when the suppliers are risk-averse.