| Label | Content |
|---|---|
| Meeting: | Plenary on 25 April 2007 |
| Session name: | Plenary on 25/04/2007 between 10:00 and 13:00 |
| Question by: | Bob Neill |
| Organisation: | City Hall Conservatives |
| Asked of: | David Higgins, Sir Roy McNulty, Dennis Hone (ODA) |
Question
Potential for Further Budget Increases (Supplementary) [5]
The trouble that I have is that the more one departs from basic commercial practice, when we fall into public sector practice, the greater the risk, history tells us, of budget overruns.
Answer
Sir Roy McNulty (Acting Chairman, Olympic Delivery Authority): That can be argued, but the converse proposition - that you pay no attention to bottom up, in other words you pluck a figure out of the air, maybe brilliantly plucked out by the Treasury, and whatever you can do within that is what gets done - I do not think is a very satisfactory solution either. If we had constructed this budget with no attention to the nature of the facilities that we were going to have to provide, no attention to the nature of the infrastructure and the soil conditions that we have to deal with, I think you would rightly say we had been fairly negligent.
On this page
Related questions
| Question | Reference | Date |
|---|---|---|
| Potential for Further Budget Increases (Supplementary) [3] | 25 April 2007 | |
| Potential for Further Budget Increases (Supplementary) [7] | 25 April 2007 | |
| Potential for Further Budget Increases (Supplementary) [9] | 25 April 2007 | |
| Potential for Further Budget Increases (Supplementary) [17] | 25 April 2007 | |
| Potential for Further Budget Increases (Supplementary) [23] | 25 April 2007 | |
| Potential for Further Budget Increases (Supplementary) [26] | 25 April 2007 | |
| Potential for Further Budget Increases (Supplementary) [28] | 25 April 2007 | |
| Potential for Further Budget Increases (Supplementary) [30] | 25 April 2007 | |
| Potential for Further Budget Increases | 2007/0026-1 | 25 April 2007 |
| Potential for Further Budget Increases (Supplementary) [1] | 25 April 2007 |