Monday, April 10, 2006

UK-US consortium to bid for olympic games delivery contract

Competition to manage design and construction of the London Olympics in 2012 intensifies today as a consortium of UK and US companies makes the first bid for the prestigious contract.

Amec and Balfour Beatty are to team up with Jacobs, the US engineering project manager, to be the Olympic delivery partner, responsible to the Olympic Delivery Authority for ensuring construction companies build the Olympic facilities on time and to budget.

Competition for the contract - expected to generate £100m turnover during the project's lifetime - will be fierce.

Amec has managed refurbishment of BAA's Terminal 5; Balfour Beatty was involved in designing the stadium in Atlanta; and Jacobs managed Olympic delivery in Atlanta and Athens, and helped redevelop Stratford station, adjoining the London Olympics site.

Given the fixed deadline of the 2012 Olympics, the Olympic Delivery Authority is likely to give contract price less priority than the ability to minimise risk.

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