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With a view to securing the future of the Games in the context of withdrawals by two of the four cities that had bid for the 2022 Winter Olympics, and three of the five cities that had bid for the 2024 Games, on 3 April 2017 at the IOC convention in Denmark, Olympic officials met with bid committees from both cities to discuss the possibility ...
- 15 September 2015
- IOC
- 13 September 2017
- Los Angeles
Boston beat out Los Angeles, San Francisco, and Washington, DC for the official US bid. On July 27, 2015, Boston and the USOC mutually agreed to terminate Boston's bid to host the Games, partly due to mixed feelings in the city of Boston. Hamburg withdrew its bid on 29 November 2015 after holding a referendum. [9]
Dec 5, 2014 · IOC Executive Board sets dates for 2024 Olympic Games bid process - Olympic News. The Executive Board (EB) of the International Olympic Committee (IOC) today approved the bid process timelines for the 2024 Olympic Games, three days ahead of discussions and voting on Olympic Agenda 2020 by the 127th IOC Session in Monaco.
- Bid Update
- Updated Olympic Financial Plan
- City Agreements
- Federal Government Role
- Economic Study
- Lao Comments
Los Angeles and Paris are competing to host the 2024 Olympic and Paralympic Games. (A previous candidate city, Budapest, recently withdrew its bid for the 2024 Games.) LA 2024, the private group of local bid organizers in Los Angeles, submitted its final bid documentsto the IOC at the beginning of February 2017. We described Los Angeles’ Olympic bi...
With the submission of its final bid documents to the IOC in February, LA 2024 updated its financial plan. A summary of the plan is shown in Figure 3 (amounts are in 2016 dollars). Using economists’ assumptions shown in the bid documents—specifically, an average annual inflation rate of approximately 1.9 percent—the$5.3 billion of revenues shown in...
City of Los Angeles Is Lead Public Guarantor. Before LA 2024 submitted its final bid documents to the IOC, the Los Angeles City Council formally agreed to provide a number of contractual guarantees required for Olympic bid cities. Among the most important of these guaranteesis one in which the city commits to cover any potential financial shortfall...
Olympics are mega‑events, requiring billions of dollars, years for preparation, and the involvement of every level of government, including the national government. Both the U.S. Congress (through a resolution) and the new President have expressed support for Los Angeles’ bid. While the U.S. government—unlike national governments of other Olympic h...
The IOC requires candidate cities to submit economic impact studies with their Olympic bids. LA 2024 released its required studyin January 2017. The study was conducted for LA 2024 by Beacon Economics, a California economics consulting firm, and the Center for Economic Forecasting and Development at UC Riverside. Study Uses Common Forecasting Techn...
Big Intergovernmental Effort Required. Figure 5 summarizes key elements of the timeline if Los Angeles is chosen this fall to host the 2024 Games. Between now and 2024, the focus of activity would be on Olympics organizers, their contractors working to get venues ready, and international athletics groups. Over time, however, the city, other local g...
On March 10, 2016, Los Angeles officials bidding for the 2024 Summer Olympics turned their focus to temporary facilities that might be needed. Current plans include an elevated track built over the football field at the Los Angeles Memorial Coliseum and a proposal to temporarily convert Figueroa Street into a miles-long promenade for ...
And while the Paris 2024 Olympic Games may still be a few years away, it’s never too early to get excited about the Games of the XXXIII Olympiad! With that in mind, here are the top five things to know about the Paris 2024 Olympic Games, including a brand new sport, a venue in the Pacific, emblem design, and more!
IOC launches Consultants Register for Olympic Games 2024 Bid Process - Olympic News. Implementation of Olympic Agenda 2020 continued today with the launch of the Consultants Register for the Olympic Games 2024 Bid Process on www.olympic.org. 2 min read |. IOC News. © © 2012 / Comité International Olympique (CIO) / FURLONG, Christopher.
