LOCOG begins £700m procurement process for Olympic goods and services

The London Organising Committee of the Olympic Games and Paralympic Games (LOCOG) will today commence the procurement process for the goods and services required to stage the 2012 Games.

LOCOG begins £700m procurement process for Olympic goods and services
LOCOG begins £700m procurement process for Olympic goods and services

LOCOG is expected to tender around £700m worth of goods and services between now and 2012, broken down into eight different categories:

-          Facilities management and catering

-          Production services for ceremonies

-          Security

-          Services

-          Sports

-          Technology

-          Transport and logistics

-          Venues and venue logistics

"The focus so far has been on the ODA and construction, but the organising committee is now at a stage where we move from planning to delivery," said LOCOG chairman Sebastian Coe.

"The scope of this is potentially massive - from sporting equipment to catering services and beyond," he added.

Coe will talk about the scale of staging the Games at the London 2012 Business Summit later today.

He will be joined by LOCOG's director of procurement, Gerry Walsh who will outline the process and requirements over the next three years for LOCOG suppliers, licensees and sponsors.

"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," commented Walsh.

The majority of LOCOG's procurement will go through , the online service for matching potential suppliers with Games-related business opportunities.

Companies interested in contracts can .

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