Home Business NewsOlympics 155-year-old London company wins £76m Olympic Park contracts to engineer + develop

155-year-old London company wins £76m Olympic Park contracts to engineer + develop

2nd Feb 12 8:40 am

BAM Nuttall has won two contracts worth a combined total of £76m to transform the Olympic Park once the Games are over

The building and engineering company won a £49m contract to work on the North Park following the Games, while it also secured a £27m deal to work on the South Park, the Olympic Park Legacy Company (OPLC) announced.

Money for the work to develop the 2012 venue in Stratford, east London, into the newly named Queen Elizabeth Park is coming from the £292m already built into the budget for the Games.

The 18-month project, dubbed as ‘clear, connect and complete’ by the OPLC, will create approximately 500 temporary jobs.

The work will clear the venue of structures put in place for the Games only, such as temporary venues, roads and walkways.

New roads, cycle and pedestrian paths will be laid across the site and into surrounding areas as part of the connect phase of the work.

The complete phase will involve permanent bridges, parklands and venues that will be left in place for future legacy use.

Andrew Altman, the chief executive of the OPLC, said: “BAM Nuttall worked on the original Olympic Park and their hands on knowledge will be invaluable in helping us to achieve our target of reopening the Park in phases from July 2013.

“This will be a huge achievement given the scale of construction work that is needed and another example of how legacy plans for the Park are more advanced than any previous host Olympic city.”

The contracts awarded to BAM Nuttall are the latest in a series of moves to prepare the Olympic Park for life after the Games.

Balfour Beatty secured a £50m deal in November last year to maintain the park’s 250 acres of parkland, wetlands and gardens over the next 10 years. The firm will also maintain venues including the aquatics centre and the multi-use arena.

The contract also tasks Balfour Beatty with operating the site’s 377ft-high ArcelorMittal Orbit observation tower, which has been designed by Turner Prize-winning artist Anish Kapoor.

Meanwhile, six developers have been shortlisted after submitting plans to build 800 new homes in a new neighbourhood at the Olympic Park. The development will be called Chobham Manor and will be located between the VeloPark and the Athletes Village.

The six shortlisted bidders are: East Thames and Countryside Properties; Barratt Homes and Le Frak Organisation; St James Group Limited (Berkeley); Swan Housing Association, Urban Splash, Yoo & Mace; Notting Hill Housing, United House and HTA; and Taylor Wimpey and London & Quadrant.

Outline proposals for the new development need to be submitted by the end of the month.

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