The Project Preparation Facility (PPF) of Growthfund announces that METKA ATE was awarded the project for the structural and operational restoration of the steel structures (roofs) in the main Stadium and the Velodrome of the Athens Olympics Sports Center (OAKA) with an offer of EUR 61.35 million (US$ 66 million).

The project consists of the preparation of studies and the execution of works for:

• restoring the required level of structural integrity of the metal structures in the roofs of the two sports facilities, and
• the maintenance/repair/replacement of elements of the metal structures and the polycarbonate sheets of the roofs. 

Restoration is expected to be completed within 14 months from the signing of the contract. The project is part of the National Recovery and Resilience Plan "Greece 2.0," funded by the European Union – NextGenerationEU. The total budget for these interventions to modernise and upgrade OAKA amounts to EUR 111 million (US$ 119 million). PPF has already signed contracts worth almost EUR 7.5 million (US$ 8 million) for important maintenance and repair work at OAKA, while more tenders for the overhaul of the sports facilities and the surrounding areas with a total budget of EUR 16.4 million (US$ 17 million) are ongoing.  

Apart from the restoration of the steel structures, the following tenders are underway for the upgrade of OAKA:

• Carrying out the studies and implementation of works for the upgrade of the surrounding area and the restoration of the perimeter fencing of the sports complex, with a budget of EUR 11.5 million (US$ 12 million), excluding VAT.
• Structural restoration and reinforcement of swimming pools, with a budget of EUR 2.3 million (US$ 2 million) excluding VAT.
• Repair, maintenance and waterproofing of the internal roof and wooden track of the Velodrome, with a budget of EUR 2.6 million (US$ 2.8 million) excluding VAT.