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Olympic Games 2012: Expenditure

Volume 488: debated on Wednesday 4 March 2009

To ask the Minister for the Olympics how much had been spent on the aquatics venue at the latest date for which figures are available; and what the estimated final cost of the venue is. (256583)

At the end of December 2008, £33 million had been spent on the aquatics centre project.

The original November 2007 budget for the project was £214 million. This was increased to £246 million due to the transfer of £28 million to the aquatics centre budget from that of the F10 Bridge—the land bridge that will form part of the roof of the venue—and increases in scope to allow for enhanced community use of the venue in legacy. There is a potential cost pressure relating to a possible scope change for additional athlete facilities, which may or may not arise, estimated at £5 million.