Solideo, the state-owned company in charge of the construction sites for the 2024 Olympic and Paralympic Games in Paris, has adjusted its budget after a number of venues for the event were changed by organisers.
The company's financial model for the Games now stands at €1.386 billion (£1.25 billion/$1.63 billion), around €12 million (£10.8 million/$14.1 million) higher than its previous budget.
The slight increase, which ensures Solideo falls under the €1.4 billion (£1.3 billion/$1.6 billion) ceiling set by the state, has been caused by Paris 2024 approving scrapping temporary swimming and volleyball venues as part of plans to reduce the Organising Committee's budget.
Solideo is responsible for the construction of 62 facilities for the Games in the French capital, including a new climbing venue in Seine-Saint-Denis.
Climbing had been due to form part of the urban sports park being proposed by organisers, which was set to be housed near the Champs-Élysées, before it was moved as a result of the alterations to the Paris 2024 venue plan.
According to French newspaper L'Equipe, the permanent climbing wall is set to cost Solideo around €6 million (£5.4 million/$7.1 million).
The changes are expected to result in a saving of €150 million (£136 million/$177 million).
The updated Paris 2024 venue plan will be put to the International Olympic Committee Executive Board during its meeting in December.
Solideo's latest budget was approved during a meeting of its Board of Directors this week, where Paris Mayor Anne Hidalgo was unanimously re-elected President.
Hidalgo was a key figure for Paris 2024 before the city was awarded the Games in September 2017.