The Olympic Deliverly Authority should make a clearer statement of 'key deliverables' expected in return for its funding package that has risen to more than £9 billion, says a new report into the Olympic budget by the National Audit Office.
The detailed statement would make clear the timing and specific costs of each piece of infrastructure needed to deliver the games so that it can be made accountable to parliament.'A statement of this kind would provide a basis for accountability to parliament and the public by spelling out what is to be delivered, in terms of both the Olympic venues and infrastructure and the wider benefits,' says the NAO report. 'The outputs and outcomes should be specific and where possible quantified so it will be clear whether they have been achieved (for example, venue specifications and legacy benefits).'The report was carried out by the NAO after it emerged in March that the budget for the 2102 games had been redrawn from its original £4 billion estimate to £9.325 billion.