Algebraic cobordism of varieties with G-bundles

Lee and Pandharipande studied a "double point" algebraic cobordism theory of varieties equipped with vector bundles, and speculated that some features of that story might extend to the case of varieties with principal G-bundles. This note shows that this expectation holds rationally, and more generally after inverting the torsion index of the group, for reductive G. We show that (after inverting the torsion index) the full theory for bundles on varieties is an extension of scalars of standard algebraic cobordism, that the theory for a point is dual to Omega^*(BG), and describe how the theory for G compares to that for a maximal torus T.