G4S made such a mess of security at least year's Games that the Army was called in to help make up a shortfall of 3500 security staff that G4S was unable to deliver.
G4S will apply for one of the two aspects of event provision to be contracted out by Glasgow 2014 - safety stewarding and security guarding.
For Glasgow 2014, G4S will bid for stewarding but not guarding. When asked why they would not bid for both, their spokeswoman refused to explain.
A G4S spokeswoman said: "G4S is one of the largest employers in Scotland, with around 5000 people working to provide services across the country.
"We already work for Hampden Park, Ibrox Stadium, and the new Hydro Arena, and have unrivalled experience at major events.
"As the existing provider of stewarding services at a number of Games venues, we are participating in the process to be included in the framework to continue to provide these services during the Games.
"We are not bidding to be part of the guarding framework."
Involvement by G4S in Glasgow 2014 has been slammed by Keith Vaz MP.
He said: "I am astonished that G4S has the nerve to apply for this contract.
"This is the company whose poor management nearly wrecked the greatest Olympics of modern times and led to us call in the troops.
"The Home Office should accept the recommendation of the Home Affairs Select Committee and implement a high risk register for those companies who fail to deliver."
Glasgow 2014 chiefs decided to divide their contracts as a result of "learning lessons from previous Games", a spokeswoman said.