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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 Cost	VAT	Gross cost
Project	Detailed 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

Notes:

1. The amounts shown above are net of contributions receivable totalling £589 million, which includes amounts related to enabling works, utilities and village.

2. Projects which are not disaggregated such as other Olympic Park venues are still subject to contract and accordingly are commercially sensitive at this stage.

3. Programme delivery includes a provision for performance-related payments to CLM, the ODA Delivery Partner.

4. Contingency as announced on 15 March 2007 totalled £2,247 million. This is included as two separate amounts, £2,009 million as included above and £238 million identified as security contingency within the non-ODA budget. The security contingency of £238 million was announced to Parliament on 17 October 2007 (Official Report, col. 1133W).

5. While a cost to the Games, all tax paid by the ODA will be a future receipt to the Exchequer and accordingly no net additional cost to the public sector.

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