Olympic Stadium tenancy contract- disclosure (1)

Meeting: 
MQT on 2015-10-21
Session date: 
October 21, 2015
Reference: 
2015/3159
Question By: 
Caroline Pidgeon
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor
Category: 

Question

Will you write to the London Legacy Development Corporation to:

a)    urge them to comply with the order of the Information Commissioner and publish the entire unredacted contract for the Olympic Park tenancy in the interests of transparency

b)    request that they provide further details regarding the commercial confidentiality which they say prevents them from publishing the contract

Answer

Answer for Olympic Stadium tenancy contract- disclosure (1)

Answer for Olympic Stadium tenancy contract- disclosure (1)

Answered By: 
The Mayor

I have already urged the LLDC to publish as much of the Concession Agreement with West Ham United as possible and they have done so. A new version, which has only a limited number of redactions related to very specific areas of commercial confidentiality, was published earlier this month.

As I have already stated in response to MQs 3320/2015 and 2800/2015, I am generally committed to transparency but the Legacy Corporation's legal advice is clear and unequivocal. That advice states that releasing all the details of the agreement into the public domain will seriously compromise future income from other potential users of the Stadium.

I think it is absolutely right that, subject to the appeal to the Information Tribunal, those sections should remain redacted so that the Corporation can strive to get the greatest return possible for the taxpayer.