Legacy company opens bidding for events in Olympic Stadium

The Olympic Park Legacy Company (OPLC) today (20 December) has opened bids from interested parties wishing to bring events to the new Olympic Stadium post-London 2012.
 
The Stadium will be retained by the Legacy Company as a public asset and one proposal is for the company to operate it in a joint venture with the London Borough of Newham.
 
Andrew Altman, Chief Executive of the Olympic Park Legacy Company, said: “The Olympic Stadium will be a new national stadium for athletics and a multi-purpose venue that can host a full array of sporting, cultural and commercial events.
 
“Having already secured the 2017 World Athletics Championships, now is the time for bidders to come forward to further enhance the Stadium’s legacy.”
 
Bids to use the 60,000 seat multi-purpose venue need to be in with the Legacy Company by March 2012, as it seeks to deliver a commercially viable combination of uses that achieves both year round community access and wider public benefits.
 
The plan is to appoint winning bidders in May 2012.
 
Newham has offered an investment of up to £40m towards the cost of transforming the Stadium to its legacy configuration in order to secure legacy benefits for the borough.
 
“Plans for the Olympic Park are more advanced than any other host city and we are maintaining that pace by securing operators, tenants and events for all our venues before the Games have even started,” said Altman.
 
Mayor of London Boris Johnson added: “We are already securing a lasting legacy for London. Opening up the bidding to other interested parties now shows just how far ahead we are in planning a great future for east London long after the Games have left town.”
 
Minister for Sport and Olympics Hugh Robertson said interested parties can bid to stage other events at the Stadium for a maximum term of 99 years.
 
They must register online by 30 January in order to gain access to the Stadium Deal room which will contain technical and legal documentation essential to any bid. For more information visit legacycompany.co.uk/stadium
 
Bidders will be selected according to Evaluation Criteria in light of the following objectives:
 
? To deliver a viable, long-term, multi-use Stadium that is deliverable and provides value for money.
 
? To re-open the Stadium for operational use from 2014 to ensure consistency with the re-opening of the Olympic Park
 
? To re-open the Stadium with an athletics track that allows track and field events to be hosted at all levels including the World Athletics Championship
 
? To allow flexible usage of the Stadium by OPLC, tenants and other bodies, accommodating a vibrant programme of commercial, sporting and cultural events, allowing year round community access.
 
Do you have news for CN? Email: pcolston@mashmedia.net

Paul Colston

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Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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