YOG Budgeted and Actual

[Civic6228]

Dear All,

 

I am personally not convince with the replies given by the Minister on the over budget of the recent YOG. Initial budget was 104 Million and actual expenditure was 387 Million. The Minister admited that there was a mistake and it is a bloody expensive mistake. Moreever nothing is mention about making up for the mistake.

 

Another mistake with projection ...... like the COE. What is happening ?

 

 

 

Cheers

 

[Beehive3783]

Fark.. YOGi bear long over liao then u start this topic.. where were you when we were talking about this??

 

 

[Tom_kkh]

how many scholars do u need to under evalutate a budget of millions of dollars? Its amazing!

[Latka]

not happy oso bo pian. Dey have been treating us like fools, spinning ridiculous stories. We can only listen to nonsense spouting from them.

[Celicar]

So is anyone going to get it for getting it so far wrong? I think the answer is "depends on who you know".

[Kelpie]

Fark.. YOGi bear long over liao then u start this topic.. where were you when we were talking about this??

 

Talk until cow comes home .

 

Regards,

[Keithchue]

will us get the final bill?

[Blackyv]

will us get the final bill?

 

You already foot the bill...

[Freestylers09]

Today paper come out this ma..2 pages

 

i wondering why cleaning + transport is so damn ex

 

 

 

 

 

[Yeshe]

Dear All,

 

I am personally not convince with the replies given by the Minister on the over budget of the recent YOG. Initial budget was 104 Million and actual expenditure was 387 Million. The Minister admited that there was a mistake and it is a bloody expensive mistake. Moreever nothing is mention about making up for the mistake.

 

Another mistake with projection ...... like the COE. What is happening ?

 

 

 

Cheers

 

u want the truth soldier? u cannot handle the truth !!! [laugh]

 

but seriously, is a fact that SG 1st time hosting such an event. it was the 1st YOG, so there wasnt even a past game to get reference from. Of course the budget of the standard olympic games cannot be compared as YOG budget is just a small fraction.

 

 

 

 

 

[Felipe]

If they knew it would be 300mil, they won't even bid for it

[Beehive3783]

I think they purposely bid low low to get the rights..

[Tarzan666]

They might have spent nearly $400m but most of the business, i believe went to SG companies like security,transport, food..etc etc

 

So $$ still flows back to Singaporean...unlike investing in some collapsing bank or something..

[Tom_kkh]

I think they purposely bid low low to get the rights..

 

 

so how the bid works, who pay who? is the highest or lowest bidder gets the job?

Edited September 16, 2010 by Tom_kkh

[Maroon5]

the funniest thing is one person from the same party arrowed to ask the questions in front of everyone..machiem i ask my wife how much she spent on cosmetics in front of my parents...

[Picnic06-Biante15]

Why nothing mentioned about the packet lunch served to the volunteers .............

[Beehive3783]

so how the bid works, who pay who? is the highest or lowest bidder gets the job?

In a typical tender job, of course the lowest bidder gets the job..

[Tom_kkh]

They might have spent nearly $400m but most of the business, i believe went to SG companies like security,transport, food..etc etc

 

So $$ still flows back to Singaporean...unlike investing in some collapsing bank or something..

 

 

cannot agree more. and the biggest buck goes to SFI... than more bonues plus dividends goes to the share holders due to a good year. and the shareholders are..................