Zaha Hadid is working with Japanese architecture and engineering firm Nikken Sekkei to win back the Tokyo Olympic stadium project after its first competition-winning design was thrown out in July.

Nikken Sekkei has announced that it will work with Zaha Hadid Architects to submit a fresh bid for the New National Stadium for Japan.

A new design and build competition for the stadium – set to host events during the 2020 Olympic games – was launched on 1 September 2015, with a much shorter design and construction schedule.

Revised guidelines will cap the cost at ¥155 billion (£850 million) – a significant reduction compared to the ¥250 billion (£1.37 billion) estimate for Hadid’s initial design, which was scrapped by Japanese prime minister Shinzo Abe due to soaring costs and growing public dissatisfaction.

The number of seats has been cut back from 72,000 to 68,000, with the option for an additional 12,000 to be added later in case Japan wishes to bid to host the football world cup.

Tokyo-based Nikken Sekkei had worked on the original design since May 2013, leading a team of structural engineering firms and acting as design supervisor alongside Hadid’s practice.

Nikken Sekkei said its involvement in the development of the project and knowledge of the site would help deliver the best alternative.