London Organising Committee of the Olympic and Paralympic Games

London Organising Committee of the Olympic and Paralympic Games
Formation7 October 2005
TypeCompany limited by guarantee (in liquidation)
HeadquartersOne Churchill Place, Canary Wharf
Chairman
Sebastian Coe
Websitelondon2012.com
(archived)

The London Organising Committee of the Olympic and Paralympic Games (LOCOG) was the organisation responsible for overseeing the planning and development of the 2012 Summer Olympic and Paralympic Games. It was jointly established by the UK Government's Department for Culture, Media and Sport, the Mayor of London and the British Olympic Association and was structured as a private company limited by guarantee.[1] LOCOG worked closely with the publicly funded Olympic Delivery Authority (ODA), which is responsible for the planning and construction of new venues and infrastructure.

The organising committee, which was not responsible for building permanent venues, reported spent £2.38 billion since winning the bid in 2005 and generated £2.41 billion. On 30 May 2013, it handed back to the government, Britain's Olympic committee and other beneficiaries a surplus of £30 million from the 2012 Games. The British Olympic Association received £5.3 million, the British Paralympic Association £2.6 million, and £20 million was returned to the Department for Culture, Media and Sport.[2]

  1. ^ "Records of the London 2012 Organising Committee of the Olympic and Paralympic Games (LOCOG)". National Archives. 2005–2012. Retrieved 30 July 2013.
  2. ^ James Riach (30 May 2013). "British Olympic Association gets £5.3m windfall from London 2012 surplus". The Guardian. Retrieved 30 July 2013.

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