London Olympics: Small businesses are being frozen out
Friday, 10th August 2007
10th August 2007 -- Small businesses in London are not being given a fair chance to access 2012 Olympics contracts, Syed Kamall, Conservative Euro-MP for London said today.
The Olympic Delivery Authority has refused to break down contracts into smaller chunks that would give smaller businesses a chance at competing, and the process of forming a consortium to compete for a large contract is complicated, time consuming and expensive.
Mr Kamall said:
"Small businesses must not be frozen out of the lucrative opportunities offered by the London Olympics.
"The Olympic Delivery Authority may say it wants to open procurement contracts to smaller businesses, but they are going the wrong way about it. Only larger businesses have the resources to win the big contracts as the legal process of forming a consortium is too expensive and complicated for small businesses. If the Olympic Delivery Authority was really committed to helping smaller businesses, it would issue more smaller contracts.
"Instead of a diverse and colourful Olympics offered by a wide range of individual companies, we are in danger of ending up with a dull and uninspiring games provided by a handful of big corporations."
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