Olympic land acquisition

Meeting: 
MQT on 2009-10-14
Session date: 
October 14, 2009
Reference: 
2009/2897
Question By: 
Len Duvall OBE
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

Do you think that there were any options for dealing with the overspend on Olympic land acquisition? Were you consulted on what the options were and, if so, what was your position?

Answer

Answer for Olympic land acquisition

Answer for Olympic land acquisition

Answered By: 
The Mayor

I was fully consulted on all options available to deal with the forecast overspend - these include reductions to programmes, increases in capital receipts & deferral of ODA expenditure.

My position was that the issue would have to be dealt with, while ensuring that impact was minimised and value for money for LDA programmes would continue to be maximised.