Construction News 14 Feb 2011 said:The anticipated final cost of London 2012 for the Olympic Delivery Authority has increased slightly, with construction work now almost 80 per cent complete. The government and ODA’s annual report on the London 2012 Olympic and Paralympic Games was published today and provides an update on the work currently being completed.
The report reveals that the ODA’s current AFC is £7.301 billion, an increase of £69 million since September 2010 that reflects £57m additional funding for park operations. The overall public sector funding package for the games remains at just under £9.3bn.
£105m? The public sector cost of hosting the 2012 Olympics for a fortnight is £9.3bn and may still over run.