Olympics: Winning bidder Olympic Canoeing and Slalom venue announced

On April 6, TMG announced the winning bidders of the upcoming Tokyo2020 Olympics Canoeing and slalom venue. The contract to construct the facilities for the venue was won by a Joint-venture, comprising of Konoike Construction Co. Ltd, Seibu Construction and Tsuboi Corporation with a bid of ¥3,443 million  (Approx. 29 million EUR ) The only other participant in the bidding withdrew from the proceedings, and the Konoike JV bid was 94.4% of the projected price. Previous large Olympics-related tenders raised many eyebrows, as winning bids were close to 100% to the projected prices. The venue needs to be completed in May 2019.

Source: TMG e-procurement website