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
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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