Bovis Won't Have Monopoly On Olympic Village

摘要

Lend Lease has opened a tendering process for the ￡900m Olympic village that could result in the main rivals to subsidiary Bovis Lend Lease capturing a large amount of the work, writes David Rogers.rnBovis, the Australian developer's contracting arm, has a construction management role on the scheme in east London. However, a statement this week revealed that the procurement strategy included "potential tier 1 construction package opportunities" for the village.rnLend Lease and the Olympic Delivery Authority (ODA) - whichrnis now likely to provide much of the funding for the village - hope this increase in competition will reduce prices and spread the risk across more firms.rnThe ODA said: "Lend Lease's approach is a sensible step in the current market to help deliver value for money and minimisernrisk in the project."