Change of contractor about two months away from start of Games will not impact value or delivery of project, says municipal government
Rio de Janeiro’s city government has cancelled its contract with the company constructing the Olympic velodrome about two months before the start of the Games in Brazil, after the firm filed for bankruptcy protection.
Rio-based Tecnosolo "did not have the conditions to continue being technically responsible for the construction of the velodrome," the municipal government said in a statement.
The city said the change would not impact the value or delivery of the project, which is set to be handed over to Olympic organisers in June.
Tecnosolo did not immediately respond to a request for comment. Rio 2016 Olympic organisers referred questions to the municipal government.
The velodrome is the most delayed of Rio’s permanent Olympic venues. An indoor cycling test event set for the end of April was cancelled in March because it was not ready.
The construction of the venue, which the city government says is 88% finished, has now been handed over to Engetécnica, another Brazilian company that has been working on the project as a subcontractor since February.
In March, Olympic organisers said the delays had partly been due to logistical issues in laying the track, which is made of Siberian wood.
