• British government figures show the cost of building for the London Olympics this summer is 5% below the estimate made in 2007.
• The Olympic Delivery Authority is the entity that has to have all the physical locations available, and its final cost is expected to be $10.5 billion.
• The government says the budget has $740 million in unspent contingency costs with a little over a month until the games open.

From the article: With construction work at an end and just a few weeks before the 27 July opening ceremony of the London 2012 Olympic and Paralympic Games, the U.K. government published the latest accounting for venues and infrastructure costs.