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Deadline for Olympic village housing operators put back because of complex demands

September 13th, 2010 · 7 Comments

Vancouver’s Olympics albatross continues to weigh heavily. The latest: The bid deadline for the non-profits bidding to operate the city’s three buildings had to be pushed back to Sept. 27 from Sept. 7 last week because there is so much confusion about the city’s demands. The bid has prompted a flurry of questions about the city’s plan to claw back any surpluses, the requirement to prepay huge leases, and more.

BC Housing, which is managing the bid process for the city, had to post two full sets of questions and answers to perplexed potential bidders. (You can see the Request for Proposals plus appendices with the Q and As here. My story here.

Also, since my story appeared, Dave Eddy of Vancouver Native Housing got back to me with this message:

Due to the complexities involved we have decided not to put a bid in on the Olympic site housing. I am quite certain that in the end whichever group is successful on the RFP their agreement with the city and BC Housing will look a lot different than what is currently proposed in the documents.

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