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Note

The following tables do not include a breakdown of individual project costs, budgets or contingency requirements where this is necessary to protect ongoing commercial confidentiality.

Table 1: Funding announcement March 2007.

The total public sector Olympic funding envelope is £9.325 billion and the maximum public sector funding package for the ODA is £8.099 million as follows:



10 Dec 2007 : Column WS8

£m£m£m

Total funding package

9,325

Less non-ODA costs

Elite and Community sports

290

Paralympic Games

66

Look of London

32

388

Security

600

Security contingency

238

838

Total non-ODA

(1,226)

Total available for ODA

8,099

ODA Base costs inc VAT

5,590

Contingency released

500

Total ODA before unallocated contingency

6,090

Contingency remaining

2,009

Maximum funding available for ODA

8,099

Table 2: The detailed breakdown of the ODA budget is as set out below:



10 Dec 2007 : Column WS9

Base CostVATGross cost
ProjectDetailed Project£m£m£m

Site preparation and infrastructure

Powerlines

240

42

282

Utilities

217

38

255

Enabling works

310

54

364

Structures, bridges, highways

706

124

830

Contribution to Prescott Lock upgrade

5

0

5

Other infrastructure (Greenway, Landscaping)

175

31

206

Total site preparation and infrastructure

1,653

289

1,942

Venues

Stadium

422

74

496

Other Olympic Park venues

488

86

574

Non-Olympic Park venues

86

15

101

Total venues

996

175

1,171

Transport

Stratford Regional station

114

5

119

Contribution to DLR upgrade

86

0

86

Thorntons Field relocation

40

7

47

Contribution to North London line upgrade

110

0

110

Other transport capital projects

161

17

178

Other transport operating expenditure

328

29

357

Total transport projects

839

58

897

Other parkwide projects

Logistics for site construction

287

50

337

Section 106 and master planning

108

19

127

Insurance

42

8

50

Security for park construction

301

53

354

Total other parkwide projects

738

130

868

IBC/MPC, Olympic village, programme delivery and taxation

IBC/MPC, Olympic village

491

1

492

Programme delivery

580

67

647

Corporation tax and net interest

0

73

73

Total

5,297

793

6,090

Remaining contingency

2,009

Maximum funding available for ODA

8,099


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