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  • Budget (Supplementary) [7]

    • Question by: Darren Johnson
    • Meeting date: 15 November 2006
    But you cannot give a guarantee?
  • Budget (Supplementary) [11]

    • Question by: Sally Hamwee
    • Meeting date: 15 November 2006
    A discrete point, as it were. You have mentioned the need for an adequate contingency budget. I do not think any one would argue with that. Are you able to tell us, in terms of the percentage of the whole, what you would regard as an adequate percentage?
  • Budget (Supplementary) [12]

    • Question by: Darren Johnson
    • Meeting date: 15 November 2006
    Okay, so the environment is a major feature, but we may have to see some scaling down on the bid commitments because of cost overruns?
  • Budget (Supplementary) [13]

    • Question by: John Biggs
    • Meeting date: 15 November 2006
    Could I ask you one other impossible question to answer then which is when you have finally negotiated with the Treasury your revised budgets for the Olympics, and we agree a sum, will that be a fixed sum which we can be confident to go forward with until 2012?
  • Budget (Supplementary) [14]

    • Question by: John Biggs
    • Meeting date: 15 November 2006
    So at that time you will be a lot more relaxed about getting into detailed scrutiny with us about individual items within your budget?
  • Budget (Supplementary) [16]

    • Question by: Darren Johnson
    • Meeting date: 15 November 2006
    On the budget issue, we saw environmental and legacy commitments being scaled back in Athens as a result of going over budget. Can you give an absolute guarantee that there will be no scaling back in London from what was promised in the bid documents?
  • Budget (Supplementary) [18]

    • Question by: Joanne McCartney
    • Meeting date: 15 November 2006
    You said you cannot give us detailed costings at all, but can I ask, are the increased costs in relation to the Olympic venues themselves, or added extras to deal with regeneration of the area?
  • Budget (Supplementary) [20]

    • Question by: Angie Bray
    • Meeting date: 15 November 2006
    I think that you will have to appreciate our concern about the way the goalposts keep changing. You talked about the cost of the actual buildings being reasonably on track but of course there were no designs costed out, so that suggests to us that the designs are going to cost more than the original costings. There was no VAT, you have quite rightly pointed out. You also keep talking about a revised Masterplan. I think you will agree we can be forgiven for thinking that this is a very, very flexible costing system. Given that you have already told...
  • Jack Lemley

    • Reference: 2006/0389-1
    • Question by: Brian Coleman
    • Meeting date: 15 November 2006
    In his remarks to the Idaho Statesman, Jack Lemley said that political disputes will make the Olympics come in late and over budget. Is he telling the truth, or is he deliberately trying to mislead?
  • Budget

    • Reference: 2006/0391-1
    • Question by: Brian Coleman
    • Meeting date: 15 November 2006
    Mr Lemley was also concerned about soaring costs. Given that you are going to the Treasury to ask for extra money for the regeneration that was promised, why was the Olympic Delivery Authority not upfront about the real cost of the promised legacy from the outset?