‘Dating Agency’ for business launched to help Welsh companies compete for London 2012 contracts
A groundbreaking ‘business dating agency’ to help companies based in Wales compete for business opportunities helping deliver the London 2012 Olympic and Paralympic Games is now up and running.
The ‘London 2012 Business Network’, www.london2012.com/business, will help companies in Wales compete for London 2012 direct and supply chain contracts.
The CompeteFor service, being launched as part of the London 2012 Business Network, is a ‘business dating agency’ that will match companies in Wales to opportunities subcontracting and supplying London 2012 contractors.
CompeteFor, which is co-funded by the Welsh Assembly Government, will also link companies with Assembly Government funded business support which will help boost the long-term competitiveness of companies in Wales.
For more information and to register for free, go to: www.london2012.com/business
How CompeteFor works
The Olympic Development Agency (ODA) and the London Organising Committee of the Olympic Games (LOCOG) will advertise their direct contract opportunities online through CompeteFor and direct London 2012 contractors appointed will be encouraged to advertise their supply chain opportunities through the system. For example the Olympic Stadium construction contractor ‘Team Stadium’ has opened the service with an advert for their site accommodation cleaning contract.
Companies at every level of the London 2012 supply chain will be encouraged to advertise their supplier opportunities through CompeteFor.
After registering basic company information any interested business can view the opportunities advertised. Companies can then complete a business profile, which involves answering a series of simple questions, to be able to compete for opportunities.
A company’s business profile is automatically tested against a small number of minimum standards in areas such as health and safety. If these requirements are not met the company is automatically referred to tailored, local business support funded by the Welsh Assembly Government.
Once a company’s profile is successfully published on CompeteFor they are automatically matched to opportunities which suit their business and invited, by email, to apply for them by filling out a short, tailored application form. The buyer advertising the contract then selects a shortlist of companies and invites them to formally tender through the buyer’s own procurement system.
Details of the winning bidder(s) are published on CompeteFor and unsuccessful bidders receive feedback from the buyer. Throughout the process local business support agencies are on hand to help companies maximise their chances of success.
For more information and to register for free, go to: www.london2012.com/business
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