Sochi Authorities to Spend $1.4 Million on Olympic Symbols

November 6, 2013
It will cost up to $1.4 million to install and dismantle Sochi's Olympic symbols.

The 2010 Vancouver Winter Olympics cost approximately $1.8 billion to put on, and generated over $2.5 billion in gross domestic product. The installation and removal of the signs and symbols at the 2014 Sochi Winter Olmypics will cost up to $1.4 million.

The Sochi Olmypics may be the most corrupt sporting events ever held, as private companies win massive government contracts with astronomical price tags. – Ed.

The Sochi Administration has announced a tender for the installation and dismantling of the symbols of the XXII Olympic Games and the XI Paralympic Games; the initial (maximum) cost of the state contract is more than 45.6 million rubles [$1.4 million – Ed.]. The application forms are located on the state purchasing portal.

According to the technical specification, the contractor must mount, illuminate and dismantle constructions of the Olympic Rings, the agitos emblem of the Paralympic Winter Games and also smaller thematic architectural forms – the Wordmark sculptural compositions, the mascots of the Olympic Games (Mishka the Bear, Leopard and Rabbit) and Paralympic Games (Snowflake, Sunbeam).

As the document notes, it is planned to install the constructions of the Olympic Rings and emblems of the Paralympic Games at Krasnaya Polyana, on the square before the entrance to the Olympics Park, and at the railroad stations in Sochi and Adler, and also opposite the administration building in the city.

Applications to take part in the tenders can be made until 22 November, electronic auctions are scheduled for 2 December 2013.