London bid for the 2012 Summer Olympics being selected by the International Olympic Committee (IOC) when put up against other world cities in a competitive bidding process. On 6 July 2005 at its 117th Session in Singapore, the IOC awarded London the right to host the Games of the XXX Olympiad. The city beat the favourite Paris 54 to 50 on the fourth and final ballot. London is the first city to host the Games three times. At the time of the bid, the budget projection was around £2 billion, but it was later estimated that the true cost would be around £9 billion. The project involved
2012 Olympics one minute of silence campaign to hold one minute of silence at the 40th anniversary of the Munich massacre. IOC President Jacques Rogge said that, "We feel that the opening ceremony is an atmosphere that is not fit to remember such a tragic incident." However, Rogge said that the IOC would honour the victims of the Munich massacre at a reception in London during the Olympics on August 6, and that IOC officials would attend a ceremony in Germany on the anniversary of the attack on September 5 at the military airfield of Fürstenfeldbruck, where most of the Israelis died during a botched rescue attempt.