Quote:
Originally Posted by chemgear
Okay, let's agree and say we toss out all the other data points and just use Calgary in 1988 at 65%. (Which I would suggest is conservative given inflation these days and the wild insanity of how the bid budgeting hand waving when questions were bring raised in the waning days before the vote).
So call it an extra $3+ billion as an overrun.
Again, I'd say that we would be eating that. Not the federal government and we agree the private sectors are going to be helping. And going back to reading the news at the time, the IOC explicitly said they would not be helping on any overruns either.
|
Sure - but Vancouver was cheaper. I wonder why that was given they had to build all new infrastructure. Now is that $3B overrun associated with operating or capital? Capital overruns would in theory have irregardless of it was the Olympics or not - that was simply the cost of what it is to build that infrastructure for the city.