News

Are you interested in an Olympic Opportunity?

17 Mar 2008

London 2012 expects to have around 7,000 direct contracts which, together with its suppliers, will form supply chains of around 75,000 opportunities and about £6bn worth of work.

The opportunities will be in sectors ranging from construction, engineering through to manufacturing, creative, merchandising and retail.

Businesses who want wish to be involved in procurement opportunities for the 2012 London Olympic games should visit http://www.london2012.com/get-involved/business-network/index.php .

Two separate organising authorities are highlighted as being behind most of the work, these being the;

1. Olympic Delivery Authority (O.D.A.) which is responsible for staging the games and is funded by the private sector and not subject to EU procurement regulations.

The ODA will let the majority of the contracts for the infrastructure, transport and construction of the venues for the 2012 Games.

It’s tier one contracts, as well as all ODA orders throughout the supply chain, will be listed on CompeteFor, London 2012’s chosen website for publishing Games-related contract opportunities.

2. London Organising Committee of the Olympic Games and Paralympic Games (L.O.C.O.G.) , which is government funded and subject to EU procurement regualtions.

LOCOG will let most contracts for services to deliver and stage the Games themselves, covering goods and services from sports equipment to catering. Most of these contracts will be let from 2009 onwards.

LOCOG will manage its procurements separately from the ODA, but it will also adopt fair and sustainable procurement principles and processes.

Businesses are also given the opportunity to review supplier proceses and policies on line as well as sign up for email alerts.

For businesses to be considered, they will need to register their details at https://www.competefor.com where buyers and suppliers can interact. ‘CompeteFor’ is the chosen site of London 2012 for the publication of Games-related contract opportunities.

The site will also publish all games related contract opportunities, as well as details of other organisations in Wales who can help further.