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:
If the €450 million was taken out of the cost of this hospital, the project would have to be reduced by one third. In order to do that, the hospital would have to be redesigned, planning permission would have to be re-applied for, and procurement would have to be sought again. It would add three years to the life of the project. Inflation over that period would probably be 40%. We would, three years later, have to decide whether to award a contract for an inferior hospital at an excess on the cost we currently have.
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