Hangin' With ... Dominic McKay IOC Invites Skateboarding To YOG England WC Exit Hits U.K. Pub Operators BOC To Spend $600M On 2016 Games Olympic Cauldron Row Settled Out Of Court ICC Turns Down Commonwealth Games CWG Ceremony Scores 9 Million Viewers BT, Sky Clash In Court Before EPL Season Labour To Propose EPL, Betting Firm Taxes Mo Farah Pulls Out Of Glasgow Games
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/February 13, 2013/Olympics
Security Firm G4S Reports That Olympics Fiasco Will Cost Firm More Than $138M
Published February 13, 2013
BETTER THAN EXPECTED: The PA reported Cantor Fitzgerald research analyst Caroline de La Soujeole said that the total cost of £88M was "better than her estimate" of between £100-110M ($156-172M). She added, "In our view, this draws a line under the Olympics situation and will enable the company to win more government outsourcing contracts." LOCOG said that the taxpayer's interests "have been fully protected in compensating for the difficulties experienced by G4S's shortcomings" (PA, 2/12).