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
Bids for the 2012 Summer Olympics and take this story off the running order". Sebastian Coe, also a vice chairman at the time, reaffirmed Pascoe's words and assured "London 2012 has acted properly and ethically throughout the bidding process." After watching the documentary, IOC members and officials cleared London 2012 of any wrongdoing. Following the broadcast, the IOC provisionally suspended Ivan Slavkov and forbade him from attending the 2004 Summer Olympics. Jacques Rogge claimed he was "an angry man because some people are not playing by the rules," underlining that "Under my leadership, I can stress there is zero tolerance for unethical behaviour". An IOC Ethics