The three bid teams for the 2018 Winter Olympics are in Lausanne, Switzerland to deliver their final presentations to the International Olympic Committee. This is the last chance for potential organizers to convince the voting members of their credentials.

The candidates enter the final campaign stretch with no clear front-runner. An IOC evaluation report published last week, shows that the bids are fairly evenly matched.

Jacques Rogge said, "I think it's very close, don't ask me numbers it's going to be a close race definitely. I don't expect a big gap between the three cities."

The IOC released its technical report on South Korea's Pyeongchang -- bidding for the third straight time -- Germany's Munich and France's Annecy. The document stopped short of giving any one candidate the edge.

Pyeongchang came out on top in opinion polls conducted in each of the bid cities on behalf of the IOC, with 92 percent of Pyeongchang locals in favour of the Games being held there.

Yang-Ho-Cho, Pyeongchang 2018 Bid CEO, said, "It is too early to say, we are still a long way to go."

Munich received high marks for their short travel times with the vast majority of athletes able to stay within ten minutes of their competition venue.

Bernhard Schwank, Munich 2018 Bid CEO, said, "Only one can win the gold medal unfortunately and we have to fight, as is the case in sport, until the end."

Annecy won marks for its comprehensive environmental plan and what the IOC called a "workable model for Olympic winter Games sustainability."

The final vote and announcement will take place at the IOC session in Durban, South Africa on July 6th.

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