Rising to the Challenge
Realising the potential of the 2012 Olympic Games and Paralympic Games in the East of England.
The East of England has identified clearly its aspirations for securing benefits from the impacts from the 2012 Games. EEDA’s study has indicated economic benefits to the region could exceed £600 million.
Overall procurement and business opportunities from the London 2012 Olympic Games and Paralympic Game are valued at over £3.8 billion*. Whilst global multinational companies will supply many of these contracts, analysis indicates that companies in the East of England could secure up to 5-10% of this figure.
So whether it’s as a lead contractor, or by working further down the supply chain as partners, sub-contractors or suppliers, there will be fantastic opportunities in the East of England.
(*Source: Economic Impact Study of the London 2012 Olympic Games and Paralympic Games produced for East of England Development Agency August 2006.)
Information and Contacts are key
The Olympic Delivery Authority (ODA) had published a new ‘Supplier Guide’ to help businesses compete for up to 50,000 opportunities that will arise from delivering the venues and infrastructure for the London 2012 Olympic Game and Paralympic Games. The ‘Supplier guide’ can be downloaded from here. The guide sets out how the ODA will buy and manage its direct contracts, with businesses that will in turn manage up to 50,000 agreements across their own supply chains.
To aid companies in identifying supply chain opportunities, the ODA will also publish a full list of its direct contractors on the London 2012 website, in the coming months. In addition a service to help companies access these opportunities will also be launched in the autumn and full details will be included in a revised ‘Supplier guide’.
The ODA have launched an online eTendering web site which is like to feature up to 2,000 contracts throughout the delivery of the Games. There is also a future opportunities summary available on the website which provides information on currently known opportunities.
ODA Head of Procurement Morag Stuart said: “To achieve world-class business performance our procurement will be open, transparent and fair. This guide aims to help businesses of all sizes, from all over the UK, support the Games and potentially benefit from their success.”
The East of England’s Construction Event for the 2012 Olympic Games and Paralympic Games 25th September 2007
The 2012 Games will not only provide significant work opportunities for the construction industry, but they are also set to change the way the industry does business.
This conference is exclusively for the construction industry and will show you how to maximise opportunities created from:
- 2012 Construction Commitments
- The Office of Government Commerce Common Minimum Standards
- The Olympic Contracting strategy
- The Construction Design and Management regulations
- Skills training
Date: 25th September 2007
Venue: Wellcome Trust Conference Centre, Genome Campus, Hinxton, Cambridge, CB10 1RQ
Conference: 9:30 to 17:00 includes lunch and a networking drinks reception
The Olympic Delivery Authority will also be at the events, to promote awareness of supply chain opportunities generated by its tier 1 contractors and to signpost practical business support services.
To obtain your free invite and further details please click here
Hear about London 2012 procurement opportunities first hand at Destination Growth ’07 on 6 November 2007
Destination Growth ’07, the largest business event to hit the east of England, is designed to give small to medium sized business leaders the tools to accelerate the growth of their business.
Morag Stuart, head of procurement at the Olympic Delivery Authority (ODA), will be joining a line-up of over 20 top business experts and entrepreneurs to run a seminar entitled ‘business opportunities from the London 2012 Games’. Morag’s seminar will give businesses guidance on the types of contracts set to be procured over the next five years, how businesses can get involved, and how to prepare tenders and win contracts.
Other high profile speakers at the event include the founder of Ben and Jerry’s Homemade Ice cream, Jerry Greenfield; the chief executive of Ann Summer, Jacqueline Gold; Gerald Ratner; and the world’s leading authority on creative thinking Edward de Bono.
To register for a place at Destination Growth ’07 click here, but hurry because places are going fast!
The London 2012 Business Centre is where you can find all the latest official information about how your business can play a part in London 2012, providing up to date information on everything from procurement policy to tender opportunities.
To sign up for e-mail alerts on major 2012 developments, including new tender opportunities, key appointments and business events visit the London 2012 website here. You can also see all the latest regional news about the Games and sign-up for the regional newsletter at the East of England Development Agency website. Please click here.