OPLC to take on responsibility for £350m transformation instead of ODA
Cabinet ministers were this week set to approve plans to transfer responsibility for the £350m Olympic transformation works to the Olympic Park Legacy Company.
The works, which are designed to turn the 2012 Olympic park in east London into its post-Games mode, with development sites for future regeneration schemes, were originally to have been overseen by the Olympic Delivery Authority (ODA), the body that has built the rest of the park.
The deal, set to be approved by a cabinet subcommittee headed by MP Francis Maude as Building went to press, would move the ODA’s transformation team of eight people to the OPLC.
A spokesperson for the OPLC said details of the construction work would be decided once the principle of the move had been approved by ministers.