"We are getting a high level of interest in the majority of our projects, but less interest in the one-offs like the Aquatic Centre," said Armitt, speaking at a Department for Culture, Media and Sport select committee hearing.
He said that there was plenty of interest in the infrastructure project like bridges, but the showcase projects that traditionally attract most of risk are failing to attract bidders. "The market is buoyant – contractors can pick and choose," admitted Armitt.
Balfour Beatty is the lone bidder for the Zaha Hadid/Arup-designed pool and the shortlist for the main 2012 stadium was scrapped in favour of a bid led by contractor Sir Robert McAlpine.
Armitt said the basic concepts for the main stadium, velodrome and aquatic centre were confirmed and would not be changed.