Welcome to estatesgazette.com

Get in touch on +44 (0) 207 911 1701
or email at info@estatesgazette.com


ODA to pay more money to cut costs ...

| No Comments | No TrackBacks


cash.jpgGood story in Building today about the Olympic Delivery Authority's decision to bring in a consultant to review the amount it has being paying CLM, its delivery partner for the 2012 Olympic Games build works.
A few eyebrows were raised in July when the ODA's accounts revealed CLM had been paid £151m in year to March for essentially working how to keep costs down.


 

According to Building the ODA has selected QS firm Gleeds to review the fees paid to CLM, which comprises CH2M Hill, Laing O'Rourke and Mace.
The consultant will work alongside Ernst & Young to check that proposed fee levels offer value for money from now to July 2011.
The magazine quotes ODA chief David Higgins saying it is "standard practice to bring in consultants to vet fee agreements" and adding it is a "complete fallacy" to suggest the move was linked to negative press reports.
That may be, but it does seem a little odd to pay two more parties even more money to oversee the consultant that is being paid to keep costs down. If that makes sense!

No TrackBacks

TrackBack URL: http://www.estatesgazette.com/cgi-bin/mt/mt-tb.cgi/63111

Leave a comment

What a user pic? Get a Gravatar!

About this Entry

This page contains a single entry by Paul Norman published on August 28, 2009 10:16 AM.

Olympics may be set for a little more Boris action was the previous entry in this blog.

Athletes' Village could chase grey pound is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.