2012 Chiefs Forced to Dip Into Contingency Fund

Summary


OLYMPICS chiefs have already spent Pounds 30 million of the fund set aside for cost overruns on the 2012 project, the Evening Standard can reveal.

The Olympic Delivery Authority had to dip into the contingency fund following complications with an underground cabling project last year.

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Extract


2012 Chiefs Forced to Dip Into Contingency Fund

The disclosure comes only 10 months after ministers set the Games budget at Pounds 9.3 billion. MPs were later told t...

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