"British Sports Minister Hugh Robertson ruled out calling on FIFA to re-stage the 2018 vote after England were knocked out in the first round with only two votes.

He added: 'There is no practical chance of the process being re-run - that would be a huge admission of failure by FIFA."
Read more: http://www.dailymail.co.uk/sport/football/article-1385890/FA-forced-cut-...

Obviously by extension this statement also applies to the 2022 bid, but as England were not party to that bid it was not mentioned.
This does however put forward the oppotunity for all the 'losing' bidders for both bids to sue FIFA out of existence and start afresh.