Instead of a traditional design and build package as used on other London 2012 venues, the ODA will procure suppliers and project manage construction of the temporary arena themselves.
The works out to tender include the design, construction and removal of the temporary structural frame and cladding. The groundworks, services, seating and other elements of the building are not included.
It was revealed earlier this month that the ODA has been forced to act as main contractor on four key temporary venues after contractors shunned the opportunity to build the structures.
"There was no appetite in the market for main contractors to do design and build on the temporary venues, so we are procuring the supply chain and building it ourselves," said ODA head of procurement Morag Stuart, speaking at NCE's Games Briefing in London.
"We will begin issuing pre-qualification questionnaires for the civils packages in the final quarter of 2008."
The 12,000 seat basketball venue is being designed by a joint venture of SKM and Wilkinson Eyre architects.