Quote:
Originally Posted by Tyler
Your #'s are incorrect. The IOC committed $900M USD to our bid (~1.2B CDN)
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The total bid cost being presented right now is in USD.
Quote:
Originally Posted by craigwd
The bid does factor in over $1B of contingency money.
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That contingency is part of the $5.3 billion bid. And since we know that will never be the final price, if it does end up at say $6.3 billion, it appears that the city, solo, will be on the hook for that extra $1 billion. The province made it clear today, the city bears all the risk here.