Catherine Murphy (Kildare North, Social Democrats) | Oireachtas source

The letter states that the original tender process for the Grangegorman PPP project was completed at a time of historically low construction costs. It also references building inflation, particularly in the Dublin region. As I understand if there was a tender process, a price was agreed. Where does inflation come into an agreed price to the extent that has happened in this instance? I can understand that there may be contingencies and so on. Perhaps Mr. McCarthy would elaborate.