ECONOMY

Interest in Olympic bids

Two of the most important tenders for the 2004 Athens Olympics, budgeted at about 87 million euros, have attracted a lot of interest from Greek and foreign companies, most of whom have preferred to form consortia to fight for the contracts. The unwelcome aspect is that interest is so high that there have already been objections raised about some of the bidders and legal action threatened that could derail the tenders, which are already behind schedule. Both tenders have to do with Olympic overlays, that is, adaptations to Olympic venues to bring them up to the standards demanded by the International Olympic Committee. The first tender, budgeted at 75 million euros, is for tent pavilions, temporary building structures and other equipment. The second tender, for 12 million euros, involves temporary stadium seats and benches. There are 10 bidders for the first tender. Two are single companies: Georgios Mytilineos and Olympia Hellas. There are also eight consortia: Aktor-Academy Services LLC; J&P Avax-General Location; Terna-Nussli Ltd-De Boer International; Vioter-TSP Taiyo Inc-Losberger Intertent-SATO-Interform; Roder-Zeltsysteme und Service AG-N. Kioleidis-ConTent Ltd-Gener; Pantechniki-HSS Hire Service Group PLC-Neptunus BV-Edwin Shirley Staging Ltd; Diekat-FAE SpA; and Intracom Construction-Namako-Sealink. In the second tender, five of the original bidders have moved on to the second phase. They include Swiss company Nussli and four consortia: J&P Avax-General Location; Alto-Terna; Diekat-Seating Structures; and Australian Seating Systems-Pantechniki-Edwin Shirley Staging-Arena Seating-Fiscop Tecnika-Kino.