The report estimates the final cost of the Olympics and Paralympics at $11.6 billion, after $32.3 million was cut from the budget of the main stadium. That includes a savings of $11.3 million by scrapping a planned fabric wrap around the venue.
Olympic Delivery Authority chief executive David Higgins said organizers have saved a total of $1.2 billion since construction began.
Cost of London Olympics trimmed $46.9 million
USA Today
November 9, 2010