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1 July 2010

CompeteFor London 2012 contracts

CompeteFor London 2012

 

 

What is CompeteFor?

 A groundbreaking 'business dating agency' has been launched to help companies based in the East Midlands compete for business opportunities helping deliver the London 2012 Olympic and Paralympic Games.
The 'London 2012 Business Network' found at www.london2012.com/business  will help businesses in the East Midlands compete for London 2012 direct and supply chain contracts.
The Olympic Delivery Authority (ODA) and London Organising Committee (LOCOG) expect to allocate over £6 billion of work as part of an estimated 75,000 future business opportunities covering direct contractors and their supply chains over the coming years.
CompeteFor is the chosen site of London 2012 for the publication of Games-related contract opportunities.

The CompeteFor service, launched as part of the London 2012 Business Network, is a ‘business dating agency’ that will match companies in the East Midlands to opportunities subcontracting and supplying London 2012 contractors.
It acts as a brokerage service between buyers throughout the London 2012 supply chain, and potential suppliers. CompeteFor also provides access to business support services; building skills and capacity to ensure that businesses across the UK can access opportunities linked to the hosting of the London 2012 Games.
CompeteFor, which is co-funded by the East Midlands Development Agency (emda) will also link companies with local Business Link services which will help boost the long-term competitiveness of companies in the East Midlands.

How CompeteFor works

ODA and 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.
Companies at every level of the London 2012 supply chain will be encouraged to advertise their supplier opportunities through CompeteFor.


Registration
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 provided by Business Link.
Matching opportunities
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.
 

Registering with CompeteFor
The complete process, whilst straightforward, will take time to complete and you should set aside 30-45 minutes to complete it fully. Registration itself should take no more than a couple of minutes.
Once your registration has been completed you will be encouraged to go on and complete your Business Profile. You will need to have detailed information about your business to hand to complete this section, such as company size, turnover, principle business activities, shareholder and employee information and so on.


To register your business with CompeteFor visit www.london2012.com/business  and access the CompeteFor section.
Alternatively, to discuss your business further then contact the Regional Business Link Client Contact Centre on 0845 058 6644 or request a call back at your convenience.
 

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