FSB welcomes Olympic procurement site

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Economy - News
Wednesday, 16 January 2008

The Federation of Small Businesses (FSB) has welcomed efforts by the Olympic Delivery Authority (ODA) to ensure that small businesses throughout the UK can compete for contracts for the London 2012 Olympics.

The ODA has launched ‘London 2012 Business Network’, a website that will allow small businesses to register as suppliers, compete for sub-contracting opportunities offered by large companies with Olympic contracts and get advice about how to meet criteria on corporate social responsibility.

The FSB said it was keen to ensure that small companies were not frozen out of the procurement process for London 2012 and welcomed the initiative as a good first step.

John Wright, FSB National Chairman, said that the delivery of the London 2012 Games will provide opportunities for businesses of all sizes in many sectors. He welcomed the launch of the London 2012 Business Network and urged small businesses to get involved.

Wright added that the FSB was particularly pleased that large contractors would be compelled to make public, via the network, the sub-contracting opportunities that would be most suited to smaller companies.

He warned, however, that this did not guarantee that small businesses outside of large Olympic contractors’ existing supply chains would actually get work.

“The ODA has made a good start with the London 2012 Business Network, but we will be keeping a beady eye on the process in the coming months and years to make sure it delivers genuine opportunities for small businesses,” Wright concluded.

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