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

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

The contractors could not put in a claim for 30 months and then only if inflation had risen 50% above the price in the tender. The new contract stipulates two years and only where inflation rises above 15%. At the moment inflation is running at double that figure, between 20% and 30%.

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