Oireachtas Joint and Select Committees

Thursday, 31 January 2019

Public Accounts Committee

National Paediatric Hospital Development Board: Financial Statements 2017

9:00 am

Mr. Jim Breslin:

The important thing at that stage was to obtain certainty on the guaranteed maximum price. Let me refer to when the work packages were being costed. In the early stages, they were coming back in online and, particularly towards the latter stages, the mechanical and electrical cost was coming in at a figure above what was originally estimated but it was conjecture until the process was completed. The stress placed on the development board was associated with completing the process with the best return for the taxpayer and, in parallel, we also sought further detailed information and an external review to try to inform a decision that would have to be made on the outcome of the guaranteed maximum price.

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