The National Union of Mineworkers had planned to ask some 14 000 members at the construction sites to down tools because of a wage dispute with employers.
The Group Five/WBHO consortium management says the initial two-week strike at the Moses Mabhida Stadium in Durban has had a huge impact on service delivery.
Spokesperson Craig Jessop says contingency plans have been put in place to recover the lost time. He has promised the public that the stadium will be finished before the 2010 World Cup.
Jessop says they have lost more than 15 days, and have been working on what they can do to bring the project back in terms of their obligation to deliver.
NUM Spokesperson Bonginkosi Mncwabe says employers have not fully met their demands, but their revised offer is reasonable. Mncwabe says his members are willing to co-operate with plans to make up lost time.
He says they have finally reached a situation where they can say the strike is over, although they did not achieve exactly what workers demanded, but are pleased about the content of the deal.
The union had demanded project bonuses of R1 500 a month for each worker. However, in terms of the agreement consortium workers will receive two project bonuses - one of R2 000 next month and another of R4 000 at the end of May.