To ask Her Majesty's Government further to the Written Answer by Lord Davies of Oldham on 8 June (WA 132–3), how many ethnic minority owned or led businesses were among the successful 935 businesses awarded contracts for the Olympic Delivery Authority; and what percentage of those who have benefited from work as a result of such contracts being awarded are from ethnic minorities. [HL4711]
Information about the ethnic ownership of businesses is provided to the ODA by its contractors through self-evaluation and on a voluntary basis. The ODA currently has over 950 direct suppliers. Of these 40 per cent have chosen to provide information about their ethnic ownership, of which 20—5 per cent—are BAME-owned.
The ODA defines a black, Asian and minority ethnic (BAME) business as being one that is at least 51 per cent BAME-owned. This is in line with the Department for Business, Innovation and Skills definition. The ODA does not collect data on BAME-led businesses.
The ODA obtains workforce data from workers on the Olympic Park through self-assessment, but this does not cover employees of contractors which do not operate on the site. The figures published by the ODA in April 2009 showed that at that time there were 4,101 people working on the Olympic Park, of whom 13 per cent stated that they were from a BAME group. The on-site workforce figures include those for subcontractors as well as for the ODA's direct contractors.
LOCOG is a private company limited by guarantee. Its annual report is publicly available from Companies House, as well as being published on www.london2012.com. The last annual report is at http://www.london2012.com/documents/locog-publications/locog-annual-report-2008.pdf. The annual report for 2008-09 will be approved by the LOCOG board later this month and will be filed shortly thereafter.
LOCOG is almost entirely privately-financed, with its revenues accrued through sponsorship, tickets, merchandising and broadcast rights. The Government act as ultimate guarantor of funding to stage the Games and so the department regularly receives updates on LOCOG's financial situation on a commercially confidential basis.