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Building Costs (2012 Olympics)

Volume 448: debated on Wednesday 28 June 2006

To ask the Chancellor of the Exchequer what estimate he has made of possible inflation of building costs in (a) London, (b) the West Midlands and (c) England as a result of the construction work associated with the 2012 Olympics. (80132)

The Treasury has made no estimate of the possible inflation of building costs as a result of the construction work associated with the 2012 Olympics. As announced in January, the Public Sector Construction Clients’ Forum, set up by the Office of Government Commerce, is carrying out a project to examine the construction industry’s capacity to deliver planned national capital construction programmes, including the provision of the Olympics infrastructure, in the period 2005 to 2015.