Oireachtas Joint and Select Committees
Tuesday, 14 January 2014
Joint Oireachtas Committee on Environment, Culture and the Gaeltacht
Expenditure Issues: Irish Water - Uisce Éireann
4:20 pm
Mr. John Tierney:
It will depend on the contingencies. There will be some contingencies but the estimate is such that it will not exceed €180 million and any contingencies that have to be spent have to get express approvals. That is a critical part of this. Equally, in regard to any expenditure that is incurred in this project - Mr. Barry and Mr. Cowhig can talk about the experience of the regulated model - knowing what can or cannot be allowed as expenditure in that model is absolutely critical.
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