Balfour Beatty demands £50 million to complete West Ham stadium project
Balfour Beatty has demanded £50 million to complete the conversion of the Olympic Stadium into West Ham United’s home ground.
Balfour Beatty, which won the deal to convert the stadium with a bid of £154 million, has been pushing for around £200 million to complete the deal, according to Construction Enquirer.
Technical problems were found with the steel work on the stadium roof last month.
The firm, which declined to comment, has drafted in KPMG to carry out a forensic review of its troubled UK construction arm.
A spokesman for E20 Stadium, a joint venture between the London Legacy Development Corporation and London Newham Council set up to manage the venue, said: “The project still has close to two years to run and we are in no doubt Balfour Beatty can deliver the programme as planned. This is a complex project and there are always ongoing discussions about specific elements within it.”