Race to redevelop the centerpiece of 2012 Olympics begins despite no contract with West Ham signed yet. LLDC expects to shortlist 5 bidders and select winner that will reconstruct the stadium within 32 months.

The London Legacy Development Corporation (LLDC) has begun its search for big-hitting contractors to transform the London 2012 Olympics stadium into legacy mode. In an OJEU tender notice the LLDC said the contract will last for 32 months and the client expects to shortlist at least five bidders.

Only companies or consortia with turnover of £700 million turnover over the last three consecutive years can take part in the tender. It’s expected the stadium will be downsized to 60,000, have roof extended and permanent catering and corporate facilities installed.

Interestingly, the tender begins despite the venue not having an anchor tenant just yet. West Ham United were selected as preferred bidders earlier in December, but no contract has been signed so far. Both sides have until late February to reach an understanding with one-another.