23 August 2007
The award of the tender to run Green Point Stadium after the 2010 World Cup has been delayed for at least another month to allow the city time to interview the three bidders.
The 30-year lease, which has an estimated R260-million present day value, was originally scheduled to be awarded in August.
But the tender evaluation committee has decided that it wants to meet the bidders face-to-face to clarify their bids.
The city is however remaining silent on exactly what the bidders are proposing to ensure the stadium produces an income and how it will manage the adjacent urban park.
By the end of the July 10 extended deadline, three submissions involving seven companies had been received.
City 2010 spokesperson Pieter Cronje said on Monday all three submissions complied with the tender criteria and were now being weighed up against each other.
The city has also declined to name the companies involved.
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