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Olympic Games 2012: Costs

Volume 684: debated on Tuesday 25 July 2006

asked Her Majesty’s Government:

What is their response to the recent reports indicating that the projected costs of the 2012 London Olympic Games have increased. [HL6897]

The costs of the Olympics are under review. The Olympic Delivery Authority is currently procuring the delivery partner that will help it to deliver the Olympic and legacy construction. One element of the delivery partner’s role will be to examine the Olympic programme and direct costs associated with it. We expect this assessment to be completed within six to nine months of the appointment. This assessment will need to be seen in the context of the legacy and wider regeneration benefits of the Olympics.