Oireachtas Joint and Select Committees

Thursday, 8 March 2018

Public Accounts Committee

Vote 34: Housing, Planning, Community and Local Government

9:00 am

Mr. John McCarthy:

The sum of €9.2 million is what has been requested on foot of the 35 claims, but the expectation is that they will be settled for about €8 million. The estimate from the State Claims Agency is that for the remaining claims that have yet to be submitted, one is probably talking about a similar figure. There is, therefore, a figure of another of €16 million in total for third party claims. In overall terms, the updated estimate from the tribunal as of last month is that the overall cost will be about €149.5 million. Previously, the tribunal estimated that the figure might be as much as €159 million, but the experience of the State Claims Agency is that it has managed to secure significant reductions between the third party costs claimed and for what it has settled them.

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