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Olympic Stadium bidding deadline extended by eight weeks

The deadline for submitting bid for the use of the Olympic Stadium in legacy has been extended by eight weeks, the London Legacy Development Corporation announced yesterday.

It said the decision was taken to allow more time to address a number of issues which have arisen since the invitation to tender was issued in January. The original deadline for the close of bidding was this month.

“We are determined to run a process that is fair to all and delivers the best possible legacy for the Olympic Stadium,” said chief executive Andrew Altman. “We have been very encouraged by the quality of the bids so far. However, a number of issues have arisen during the process and we believe it is sensible to give everyone more time so they can be addressed.

“We want to make the process as competitive as possible and extending the competition period will allow all parties that registered an initial interest in the Stadium another chance to bid.

He added that the fundamentals had not changed and the organisation still intends to sign construction contracts for converting the Stadium at the end of October, with the intention of re-opening in 2014.

 

 

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