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P Elliott scoops Athletes Village deal

Irish contractor P Elliott has won the latest contract to build a block of the £1 billion Athletes Village.

The firm beat off competition from Byrne Group and Bennett Construction to secure deal to build the N14 tower.

Developer Lend Lease will itself build five of the Village’s 11 plots, Ardmore is building N2, and John Sisk and Son will build N9 and N10.

The only remaining contract – covering N13 and N26 – is expected to be announced before Christmas.

Miller Construction and Morgan Ashurst are thought to have been eliminated from the battle for that deal, leaving Galliford Try and Brookfield Europe in the running.

P Elliott works on building and property development projects across the commercial, industrial, retail, leisure and public sectors. It had a turnover of €310m in 2006.

Its flagship projects include Aikens Village in south Dublin, a residential scheme that includes neighbourhood facilities and the construction of 759 residential units with a total floor area in excess of 70,000 sq m.

Construction work on the Village is on track with the first plot structurally complete and work well underway on all other residential plots. After the Games, all 11 buildings will be converted into residential apartments.

Olympics chief John Armitt last month rubbished speculation that aggressive tendering had slashed the cost of the Athletes’ Village.

With the recession biting, it had been claimed that prices had come in well below estimates for the final handful of main contracts on the prestigious project.

But Mr Armitt, chairman of the Olympic Delivery Authority, said: “There has been no significant lowering of the cost of the individual blocks.

“Much of the money for the village has gone into infrastructure. There are covered tunnels, and a railway running under the blocks.”