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
| Nov 29, 2012
Government policies help accelerate adoption of green building
Green procurement policies or green building mandates can help accelerate the adoption of green building practices, according to research by Timothy Simcoe and Michael Toffel.
| Nov 26, 2012
Minnesota law to spur development, job creation produced few jobs
Legislation that allowed local governments to direct excess property tax dollars from tax-increment financing districts into other private developments was supposed to kick-start construction hiring in Minnesota.
| Nov 26, 2012
How to boost resilient systems that are sustainable
Cities of the future can be both more resilient and more sustainable by promoting strategies that include solar power and green roofs, programs that minimize demand for energy, rain gardens, and permeable pavement.
| Nov 26, 2012
Developer of nation’s first LEED platinum skyscraper focuses on carbon reduction
The Durst Organization, the developer of the first LEED platinum certified skyscraper in the country, says it will not seek LEED certification for its residential pyramid planned for New York’s West 57th Street.
| Nov 26, 2012
Questions linger over ability of Miami's newer high-rises to withstand hurricanes
Some towers in Miami, rebuilt after a hurricane in 2005, were allowed to be constructed under older building codes instead of newer ones created after Hurricane Wilma.
| Nov 26, 2012
Changes in development and building standards needed for health of Potomac River
The Potomac River’s health stands to suffer if the region does not change its development and building standards, according to the Potomac Conservancy.
| Nov 16, 2012
South Dakota prefers LEED over building code on state projects
“(LEED is) much better than a mandatory building code because you get a little wiggle room in these projects,” said Mike Mueller, a spokesman for the South Dakota Bureau of Administration.
