The cost of providing Olympic standard shooting ranges at the Royal Artillery Barracks (RAB), Woolwich, is contained within the $32 million cost of works identified in the Candidate File, at 2004 prices. Work is now under way to outline the full scope of the works needed at the RAB site, including detailed feasibility work.
The remit of the Budget and Revenue Sub-Group (February 2004 to July 2004) was to look at the costs, revenues and strategic issues affecting the proposed Olympic budget prior to the bid. The notes of the meetings of the sub-group contain information which is directly relevant to current commercial negotiations which could be prejudiced by its release.
Both UK Sport and Sports England award Lottery grants, and distribute funding provided by the Department for Culture, Media and Sport, in line with their own policies and priorities for the development of sport.
£40 million is available for the Community Club Development Programme in 2006-08 and a proportion of the £35 million allocated to the National Sports Foundation will also be spent on facilities. In addition, we expect that local authorities will be investing around £1 billion in sports services (facilities and development) over the next three years.
There are no grants or funding available for facilities specifically in connection with the 2012 Olympic Games and Paralympic Games, including for the purpose of facilities being selected as a pre-Games training camp. It is assumed that projects which have a clear long term rationale will continue to be considered on the basis of existing strategic priorities and funding criteria, but any potential usage for training and preparation camps should be regarded as added value, rather than a core element of the case for funding.
The London Organising Committee of the Olympic Games and Paralympic Games (LOCOG) has announced that it will make around £9 million available to overseas Olympic and Paralympic teams to use pre-Games training camps in the UK to prepare for the 2012 Games. This scheme will enable all 203 National Olympic Committees (NOCs) and the 161 National Paralympic Committees (NPCs) to apply for credit of up to £26,000 towards the cost of preparing their athletes at UK designated pre-Games training camps.