Oireachtas Joint and Select Committees

Thursday, 31 January 2019

Public Accounts Committee

National Paediatric Hospital Development Board: Financial Statements 2017

9:00 am

Mr. Tom Costello:

That is totally unrelated. I accept that the figures are close but they are totally unrelated. There is a very clear procedure in place, from dealing with the tender at stage one, the rates that were bid in 2016, and reaching a determined figure at the end. There were rates bid for every element of the contract. There were rates bid for management costs, in terms of what we call preliminaries. Those are applied by our independent quantity surveyors, and as always there will be some disagreements and disputes. Given how the contract was set up, we appointed an independent expert who came in and arbitrated on those issues. There is actually a very clear process for going from stage one to stage two.

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