Skip to main content

Olympic Games: Greater London

Volume 464: debated on Wednesday 17 October 2007

To ask the Minister for the Olympics (1) what estimate she has made of the cost of construction of the facilities required to stage the Olympic shooting events at the Royal Artillery Barracks; and if she will make a statement; (154847)

(2) what estimate she has made of the cost of staging the shooting events for the 2012 Olympic and Paralympic Games at the National Shooting Centre at Bisley.

[holding answer 10 September 2007]: Outline assessments during the bid phase were conducted on the basis of providing the overlay required to stage shooting events at the National Shooting Centre at Bisley. However, during the bidding phase, the International Olympic Committee commented on the distance between Bisley and the Olympic Park. On the basis of this feedback, and following consultation with the International Shooting Federation, the Royal Artillery Barracks was selected as the shooting venue, due to its iconic location and its close proximity to the Olympic Park and Village. These factors will improve the athlete and spectator experience by limiting travel and making it easier to attend other Games events on the same day in the Olympic Park.

To ask the Minister for the Olympics if she will provide a full breakdown of the £2.7 million Olympic contingency fund; and whether any of that contingency has been drawn down. (157734)

[holding answer 15 October 2007]: On 15 March 2007, Official Report, column 450, I announced a funding provision for the 2012 Olympic and Paralympic games of £9.325 billion. This included provision for £2.747 billion programme contingency, comprising:

£2,509 million contingency to reflect the risk of additional costs arising from factors such as unforeseen ground conditions, inflation beyond existing provision and changes in legislation; and

£238 million for any potential increases in the costs of policing and wider security.

The use of the programme contingency is subject to approval by the ministerial funders group. As set out in recent NAO report “The Budget for the London 2012, Olympic and Paralympic games,” in June 2007, the group agreed to release £360 million of programme contingency to the Olympic Delivery Authority (ODA). This will be drawn down from April 2008.

To ask the Minister for the Olympics if she will place in the Library a copy of the cash flow forecast for the Olympic Delivery Authority. (157735)

[holding answer 15 October 2007]: Details of the Olympic Delivery Authority’s cash flows for 2007-08 are included in the ODA’s 2007-08 business plan summary, published on its website. A copy of which is in the Libraries of both Houses.

Chapter 20 of the CSR White Paper published on 9 October sets out the Government’s contribution for the next three years (2008-09 to 2010-11). The balance of the funding requirement will be met, as planned in March 2007, from contributions from the Mayor of London (GLA and LDA); from funding already coming in from Olympic lottery games; from funds from the Sports Lottery Distributor; and from the funds to be transferred from the National Lottery Distribution Fund, subject to affirmative resolution in both Houses.

Further details of cash flows will be set out in future business plan summaries.

To ask the Minister for the Olympics how the issue of financing costs is being addressed in the Olympics Delivery Authority budget. (157736)

[holding answer 15 October 2007]: The CSR announced grant in aid from Government of £1,559/£1,104/£1,050 million in 2008-09 to 2010-11. Provision for 2011-12 to 2013-14 will be confirmed in the next CSR.

The balance of the funding requirement will be met, as planned in March 2007, from contributions from the Mayor of London (GLA and IDA); from funding already coming in from Olympic lottery games; from funds from the Sports lottery distributor; and from the funds to be transferred from the national lottery distribution fund, subject to affirmative resolution in both Houses.

To ask the Minister for the Olympics how much it will cost to rent all facilities not located on the Olympic park necessary to stage the London 2012 Olympics, broken down by venue. (158728)

[holding answer 16 October 2007]: The London Organising Committee for the Olympic games (LOCOG) have informed me that they have set aside an allowance of circa £30 million for arrangements for non-Olympic park sporting venues.

LOCOG are not currently in a position to disclose further information, by venue, as they are still negotiating terms with some of the venue owners and to do so would prejudice their commercial interests.

To ask the Minister for the Olympics what her latest estimate is of the likely cost of the London 2012 Olympic games that will be paid via the council tax in London; and if she will make a statement. (158837)

The estimated contribution from the London council tax, as announced in 2003, remains at £625 million.