The committee in charge of the construction of the Pan American Games villa complex announced that the tender was postponed for Friday. It had been scheduled to take place on Monday, 14 February. The event was postponed at the request of two of three of the companies that would be participating. The committee that has organized the tender decided to pre-qualify three companies, all of which will receive contracts to build the towers. The one with the best proposal will build five towers, the second best two towers and the third best, one tower. The companies that are participating are Ferrovial-Agroman-Domínguez, Nexo-Ingeniero Marcos Tulio Reyes and OHL-Grupo Alfa. The Dominican Republic is borrowing the money to build the towers from Venezuela, and the state is contributing the lot on which the 700 apartments will be built to lodge approximately 5,000 athletes and coaches that are expected for the Santo Domingo 2003 Pan Am Games.