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Land Assembly and Preparation of the 2012 Olympic Games (Supplementary) [11]

  • Question by: Dee Doocey
  • Meeting date: 14 June 2006
You are going to give them away, not sell them? Sorry, the bid book says the regional authorities receiving the arenas will be the owners and will be responsible for the operating and maintenance costs. That suggests to me that you are perhaps suggesting that one of them is going to Manchester, another is going to Liverpool. However what you are saying now is that they might be going to companies that specialise in temporary seating.

Land Assembly and Preparation of the 2012 Olympic Games (Supplementary) [10]

  • Question by: Dee Doocey
  • Meeting date: 14 June 2006
But there is no funding assumed in the budget for those facilities? If they are given away they will be given away rather than sold.

Land Assembly and Preparation of the 2012 Olympic Games (Supplementary) [9]

  • Question by: Dee Doocey
  • Meeting date: 14 June 2006
I understand that. I have just got one other question, which is specific. According the bid book, there were six arenas that were going to be deconstructed and moved to other locations. Does the budget assume that there is an income stream from those? I know that when it goes to other parts of the UK, that that particular authority is responsible for the ongoing costs, but what about the deconstruction costs? Is there an assumption that these arenas are going to be sold, or is a crane just going to come in and pick up some kind of arena...

Land Assembly and Preparation of the 2012 Olympic Games (Supplementary) [8]

  • Question by: Dee Doocey
  • Meeting date: 14 June 2006
So by the end of the year?

Land Assembly and Preparation of the 2012 Olympic Games (Supplementary) [7]

  • Question by: Dee Doocey
  • Meeting date: 14 June 2006
But there is no funding assumed in the budget for those facilities? If they are given away they will be given away rather than sold.

Land Assembly and Preparation of the 2012 Olympic Games (Supplementary) [6]

  • Question by: Dee Doocey
  • Meeting date: 14 June 2006
When do you think that figure will be available to be released to us?

Land Assembly and Preparation of the 2012 Olympic Games (Supplementary) [5]

  • Question by: Angie Bray
  • Meeting date: 14 June 2006
Just one final query. I think what we feel is that part of the problem with the original bid document is that so much of it seems to be providing firm assurances on a set of figures and of course what we are learning now is that those figures were not nearly as firm as they might have been presented at the time. Clearly there will be concern about the fact that all these new factors are being built in.

Land Assembly and Preparation of the 2012 Olympic Games (Supplementary) [4]

  • Question by: Dee Doocey
  • Meeting date: 14 June 2006
I understand all that, but is that the budget you are working to?

Land Assembly and Preparation of the 2012 Olympic Games (Supplementary) [3]

  • Question by: Dee Doocey
  • Meeting date: 14 June 2006
Dee Doocey (AM): I understand all that. Is it the case at this moment that you think additional funding is required, or are you content, at this moment, because the detailed work has not been done, that the situation is containable within the original budget?

Land Assembly and Preparation of the 2012 Olympic Games (Supplementary) [2]

  • Question by: Dee Doocey
  • Meeting date: 14 June 2006
I understand the point you made about the budget, and how it is a living, breathing, ongoing thing, however you must be working to some figure at the moment? Is that as it was in the Bid Book ' that was the three ' as you have now redefined it, so £3 billion - or has that increased as a result of the KPMG re-costings?
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