Locog Tenders £700m Contracts

LOCOG, the organising committee for the London 2012 Olympics, have put £700m worth of goods and services contracts for the Games out to tender.

There will be eight categories of goods and services for firms to win work with firms seeking to win contracts having to abide by the rules set out by LOCOG.

The eight categories are facilities management and catering; production services for ceremonies; security; services; sports; technology; transport and logistics; and venues and venue logistics.

The vast majority of LOCOG’s procurement will go through the website Compete For, an online service for matching potential suppliers with games-related business opportunities.

The chairman of the London Olympics’ organising committee, Lord Sebastian Coe, said the scale of the contracts on offer was ‘potentially massive’.

‘The organising committee is now at a stage where we move from planning to delivery. With less than three years to go, we’re starting the procurement process for everything we need to stage a memorable Games.

‘The scope of this is potentially massive – from sporting equipment to catering services and beyond.’

‘There are many opportunities for companies of all sizes to get involved with London 2012 – whether it’s directly through Locog or through one of our sponsors, stakeholders or suppliers further down the supply chain,’ added LOCOG procurement director Gerry Walsh.

‘The opportunities are out there and I would urge anyone who is interested to sign up to our procurement portal Compete For.’