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Tender reopened for Olympic Stadium

Issues concerning the original invitation for contractors to tender for the conversion of London's Olympic Stadium following the completion of the upcoming London 2012 Olympic Games have meant the application process has been extended.

London Legacy Development Corporation (LLDC) chief executive Andrew Altman commented: "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."

As a result, contractors have been given a further eight weeks in which to lodge their bids for the works to convert the stadium, with Mr Altman noting that the authority is hoping to have formal construction contracts for the legacy project signed by October this year, with the hope of project completion by early 2014.

It is believed that up to this point, a number of potential bidders had been put off from placing their case due to the issues which dogged the process in the past.

LLDC is the organisation responsible for ensuring the impact of this year's London Olympic Games is not just felt for the short-term, but that the event will have a positive impact on communities across the country for many years to come.

London Mayor Boris Johnson recently stated in relation to ongoing plans for the Olympic Park: "Within a year of the close of the 2012 Games, the park will be ready to welcome not only another major sporting event, but also the thousands of residents and workers who will reap the benefits of this brand new district of the capital."

In terms of ensuring the legacy of the event's number one showpiece stadium, a spokesperson for the LLDC noted that so far 16 expressions of interest have been registered, but only four formal tenders have been placed. 

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