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Olympic Games 2012: Contracts

Volume 480: debated on Monday 6 October 2008

To ask the Minister for the Olympics how much CLM has been paid since its appointment as an Olympic contractor; and how much it is expected to be paid over the duration of the contract. (219260)

The Olympic Delivery Authority (ODA) has reported in its accounts for 2007-08 a payment to CLM of £106 million, including VAT, for the period up to 31 March 2008. The final total payment to CLM will depend on the organisation's performance in achieving incentive targets. CLM resources are agreed on a period by period basis and the ODA is currently negotiating the resources for the period 28 July to 31 December 2009. An update on the payments made to CLM will be given each year in the ODA's Annual Report and Accounts.