Oireachtas Joint and Select Committees

Thursday, 7 March 2019

Public Accounts Committee

Oversight and Implementation of Capital Projects and the Role of Public Officials on State Boards: Department of Public Expenditure and Reform and the Office of Government Procurement

9:00 am

Photo of Marc MacSharryMarc MacSharry (Sligo-Leitrim, Fianna Fail) | Oireachtas source

It may well be standard operating procedure for building a road, and we know about all the successes, but the public was under the uninformed impression, and certainly I was until I researched for this meeting and I saw "Prime Time" the other night, that as ridiculously high as €1.7 billion sounds, it is likely not to be remotely that price and if construction inflation continues, we can expect an increase of in or around 3.5% per year if levels remain the same, although many of these reports suggest they will increase.

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