Oireachtas Joint and Select Committees
Wednesday, 6 April 2022
Joint Oireachtas Committee on Transport, Tourism and Sport
Transport Infrastructure Ireland Projects and Related Issues: Discussion
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
There is clearly an issue in this area. In layman’s terms, this is a fixed-price contract for 24 months and there is no inflation link within the first two years of a contract. Typically, how long would a contractor, being the preferred tenderer, put in that tender for the contract prior to starting it? Could one be looking at three, four or five years of, in essence, a fixed-price contract? It may have got the contract or have even been the preferred tenderer and have tendered for the contract three to four years before, or, typically, we will say, two years before starting the work.
No comments