Local organizers for the inaugural International Association of Athletic Federations (IAAF) World Relay Championships are trying to keep within the five million dollars budget which is set for the games.
However, they know that they could surpass that amount in a ‘blink of an eye.’
It was revealed to Guardian Sports, by a source, that the senior executive management team of the Local Organizing Committee of the World Relays (LOC), now projects that approximately $12 million could be spent on hosting the event, set for May 24-25, 2014, at the Thomas A. Robinson National Stadium.
LOC members admitted that they are still in the planning phase of the event, and that the remaining two phases of mobilization and execution, will take effect shortly.
A number of unforeseen projects and items have already surfaced, this according to appointed executive chairman in the LOC Keith Parker.
Topping the list was the resurfacing of the track inside the national stadium, and the warm-up track at the old Thomas A. Robinson Track and Field Stadium.
Two games villages have been identified, as well as living arrangements for IAAF representatives.
Knowing that safety is a major priority, high level security for athletes, IAAF representatives, and persons attending the event will be set up.
“Everything will sort of kick into high gear in short order,” said Lionel Haven, managing director of IAAF World Relays.
“The two hotels for athletes are the Paradise Island Harbour Resort and SuperClubs Breezes. Security is a major item on our list.
“We are in discussions with the Minister of National Security and high ranking officials in the Royal Bahamas Police Force. Security is the next step.”
Even though they are still in the planning phase, Parker said the LOC has received favorable reports from the IAAF representatives.
More IAAF officials are expected to return sometime this month to inspect the facilities again.
The LOC is expecting more countries to confirm attendance, now that the event is just four months away.
To date, 47 countries have registered, which means more than 1,100 athletes and coaches are expected to be here for the world relays.