About $800M of Olympic contingency budget unspent

The British government said more than $800 million remains in reserve for any unexpected costs at the London Olympics.

With 150 days to go until the Games, 96 percent of venues and infrastructure are complete, and sports minister Hugh Robertson said the project is expected to remain within the public sector budget of 9.3 billion pounds ($14.7 billion).

The government has given another 36 million pounds ($57 million) to the organizing committee, taking the total contribution of public money to 154 million pounds ($244 million).

A London Assembly report last week criticized the amount of secrecy surrounding the organizing committee.