Oireachtas Joint and Select Committees

Tuesday, 5 February 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

 

2:00 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

It was anticipated, but the magnitude of change was even bigger than anticipated. If a rate of cost inflation shifts even a little in a given year, the compound effect of that over four to five years has a significant effect on the project.

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