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Donate to our crowdfunderCulture Media and Sport written question – answered on 12th December 2011.
To ask the Secretary of State for Culture, Olympics, Media and Sport what the cost was of operating the London 2012 Business Network in each year since its establishment.
I have been asked to reply.
The Department has interpreted this question as being the cost of the CompeteFor service (the website chosen by London 2012 for the publication of Games-related contract opportunities).
CompeteFor cost £3.633 million to develop, which included concept development, specification, implementation and testing, and establishing the support structure.
A summary of the operating costs of CompeteFor for each financial year is shown as follows:
Financial year | CompeteFor (website and helpdesk) (£) |
2007/08 | (1)220,000 |
2008/09 | 1,226,633 |
2009/10 | 1,201,555 |
2010/11 | 853,163 |
2011/12 (projected) | 799,230 |
(1) December to March |
In addition, CompeteFor employs a buyer engagement service, helping buying organisations to ensure they are supported and to maximise their use of CompeteFor.
The cost of the buyer engagement service for each financial year is shown as follows:
Financial year | Buyer engagement service (£) |
2007/08 | 587,000 |
2008/09 | 1,036,082 |
2009/10 | 993,980 |
2010/11 | 1,066,301 |
2011/12 (projected) | 772,085 |
CompeteFor has been funded by the regional development agencies in England along with the devolved Administrations of Northern Ireland, Scotland and Wales.
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