The construction of international sports venues creates an environment that is perfectly suited for corruption, according to a new study published by Engineers Against Poverty.
Projects for big events such as the Olympics and the FIFA World Cup are rife with poor planning, complex contracting, a lack of accountability, and high levels of collusion, the study says. Big sporting events often require rapid construction of venues and surrounding infrastructure, leading to corruption and resulting in huge cost overruns.
A remedy consists of construction firms and owners implementing new tools for transparency, the report says. These include a transparent tracking system that would help identify red flags and allow the public to see how money is spent.
Recent examples of huge cost overruns include the 2010 South African World Cup that was 1,709% above initial estimates, and the 2014 World Cup in Brazil, where stadium construction costs were 450% above predictions.
Related Stories
| Apr 24, 2013
North Carolina bill would ban green rating systems that put state lumber industry at disadvantage
North Carolina lawmakers have introduced state legislation that would restrict the use of national green building rating programs, including LEED, on public projects.
| Apr 24, 2013
BOMA’s 360 Performance Program approaches 600 building designees
The Building Owners and Managers Association (BOMA) International conferred the BOMA 360 Performance Program® designation upon 44 properties in major commercial real estate markets across the U.S. in the first quarter of 2013.
| Apr 24, 2013
New Mexico court strikes down move to repeal energy codes
The New Mexico State Court of Appeals struck down an attempt to repeal energy-efficient building codes.
| Apr 24, 2013
Los Angeles may add cool roofs to its building code
Los Angeles Mayor Antonio Villaraigosa wants cool roofs added to the city’s building code. He is also asking the Department of Water and Power (LADWP) to create incentives that make it financially attractive for homeowners to install cool roofs.
| Apr 17, 2013
Army's FY 2014 $130 billion budget includes $2.3 billion for construction
The U.S. Army submitted a $129.7 billion budget for fiscal year 2014, $2.3 billion of which is allocated for military construction, army family housing, and base realignment and closure.
| Apr 17, 2013
Leonardo Academy to develop sustainability master plan standard
Leonardo Academy launched the development of a standard for sustainability master plans using the American National Standards Institute (ANSI) process to define sustainability goals and achievements for regions, states and campuses.
| Apr 17, 2013
Fenestration Council allows some shading system, dynamic glazing to be rated for U-Factor
The National Fenestration Rating Council (NFRC) approved changes to its NFRC 100 and NFRC 200 standards, allowing certain shading devices to be rated for U-factor and Solar Heat Gain Coefficient.
| Apr 17, 2013
LEED 2009 quarterly interpretations, addenda now available
Quarterly interpretations and addenda to the LEED 2009 rating systems and reference guides are now available.
| Apr 17, 2013
DOE’s Lawrence Berkeley Lab researchers developing new indoor air pollution standards
The U.S. Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) researchers are working on new building standards after discovering previously unknown indoor air pollutants.
| Apr 16, 2013
RMJM acquired by Duthus Investments for £12 million
Sir Fraser Morrison, the owner and chairman of architect RMJM, is the backer behind the investment firm that bought RMJM for £11m in late March.
