.png) | |
| Formation | 7 October 2005 |
|---|---|
| Type | Company limited by guarantee (in liquidation) |
| Headquarters | One Churchill Place, Canary Wharf |
Chairman | Sebastian Coe |
| Website | london2012.com (archived) |
 |
| Part of a series on |
| 2012 Summer Paralympics |
|---|
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]
