Quote:
Originally Posted by GordonBlue
is it clear who pays for cost overruns? the IOC won't. the sponsors won't. so I'm wondering if all levels of government split the overspend or does it all fall to Calgary?
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The Feds letter (IIRC) spelled out their financial commitment in percentages it was no more then 50% of the public costs and no more then 35% of the total cost. So the Feds are out in terms of covering any cost overruns unless they can squirrel up more IOC/Sponsership $$.
I dunno about the Province. It's 8 years away and it's a fools errand to try and imagine what a provincial government will have the appetite for 8 years hence.