PaulB2005: I assume that you are not a London resident; otherwise you would be horrified by the additional cost to your council tax bill.
I don`t consider £7 billion a small price to pay; think what this sum would have done to help our failing NHS, which would help all citizens; not just the relative few who will use these sports facilities.
With all projects of this nature Huge engineering problems no one can put an finite figure on the cost.
The engineers have a very good ides from the start Their employers know that to put that figure forward will kill it dead So they size it down. The politico's take one look and know they have to 'sell it' and size it down some more- so that they look good And no one ever learns- The engineers have looked and studied and know their craft, the price they say will be the price it will be.
Your faith in the forecasting skills of civil and structural engineers is touching, but it isn't borne out by experience, and you're wrong about what happens anyway.
If a chartered engineering practice deliberately hides its true estimate of the cost of a project in order to land the contract it exposes itself to a subsequent action for criminal negligence.
If a politician does the same thing where public money is concerned he/she risks losing his/her seat in the house.
What happens is that there are errors in the way these projects are initially specified, and subsequent errors in the way they're managed. Too many people have the power to sign project variation orders, and the whole thing becomes a management nightmare. Because no one client exists to drive the project to completion on a fixed price there's leeway for many people to add additional costs - after all, the taxpayer is paying. In this case it's the London taxpayer who is picking up a large chunk of the bill.
I am a resident of the London Borough of Sutton and feel totally sickened that we got it. It'll overload our transport system, inconvienience those who are forced to pay extra for it and all the Politicans will get free tickets whilst the tax payer gets none.
My wifes familly is located 320 miles north of here and i envy them greatly. Shame we can't move up there yet....
glad i live outside the london boroughs. Looks like they will be in for in big rise in rates over the next few years just so a few politicans can have a free jolly at the olympics. With good tv coverage why not let someone else hold it, then those that follow athletics can sit back and watch it on the box or travel abraod to the venue.