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Bunk · 11-04-2018, 12:18 PM

People are also conflating what constitutes “going over budget”. When games have gone over, it’s primarily because they’ve added a whole bunch of new projects and counted them as Olympic costs - for example Vancouver adding a $2b transit line is not the type of thing you’re insuring against - it would, from my understaniding is, it would be more like the Field House, budgeted at $250m, costing $275m in the end. Or basic hosting costs going 10% over budgeted. In other words, adding an arena would not be having “$500m in cost overruns”. That would just be our choice using a venue we’re building aside from the games.

11-04-2018, 12:18 PM	#2150
Bunk Franchise Player Join Date: Jul 2006 Exp:	People are also conflating what constitutes “going over budget”. When games have gone over, it’s primarily because they’ve added a whole bunch of new projects and counted them as Olympic costs - for example Vancouver adding a $2b transit line is not the type of thing you’re insuring against - it would, from my understaniding is, it would be more like the Field House, budgeted at $250m, costing $275m in the end. Or basic hosting costs going 10% over budgeted. In other words, adding an arena would not be having “$500m in cost overruns”. That would just be our choice using a venue we’re building aside from the games. __________________ Trust the snake. Last edited by Bunk; 11-04-2018 at 12:20 PM.