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Games remain on time and on budget

Anticipated final cost of construction programme is going down, latest Quarterly Report reveals.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Figures from the 바카라 사이트바카라 사이트s show that the overall funding package for the Games remains at £9.298bn.

The Anticipated Final Cost (AFC) of the Olympic Delivery Authority () programme is £7.250bn - a decrease of £16m on , where the AFC stood at £7.266bn.

In total £870m in savings have been achieved by the ODA since the November 2007 baseline budget was agreed, including £33m in the last quarter.

Creating a lasting legacy

바카라 사이트The ODA have continued to drive down costs which means we can celebrate one year to go with confidence and a real sense of excitement and expectation,바카라 사이트 said , Minister for Sport and the Olympics.

Construction of the venues and infrastructure for the Games is almost complete with five Olympic Park venues finished. The will be completed and unveiled on 27 July marking one year to go until the opening ceremony.

 바카라 사이트As we near the end of the construction stage, we remain on schedule and within budget,바카라 사이트 said John Armitt ODA Chairman. 바카라 사이트A world-class platform has been created for the Games and strong foundations will be left to build a lasting legacy.바카라 사이트

Further information

  •  (Dec 2010)

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Published 20 May 2012