Eton College Rowing Centre, at Dorney Lake, will host Flatwater Canoeing and Kayak as well as the Rowing events in 2012.
An existing eight-lane venue is being enhanced with a new bridge to help spectators access viewing areas.
The competition lane and the return lane are being linked by a new strip of water allowing athletes to move between the two lakes more easily. A road leading up to the venue is also being upgraded to improve access for construction vehicles working on site.
After the Games, Dorney Lake will continue to provide world-class training and competition facilities.
The five shortlisted companies are:
The contract for the enhancement works is expected to be awarded in early 2009, with works due to start on site later in 2009.
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- Morrison Construction Limited;
- Carillion Construction Limited;
- Edmund Nuttall Limited;
- Norwest Holst Limited; and
- Balfour Beatty Civil Engineering Limited.