Oireachtas Joint and Select Committees

Thursday, 28 March 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed)

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

Let us move on to after the contract is signed. I assume that whatever price subsidy is in the contract will be the price on the day that the contract is signed. We know that construction inflation is added in to any construction contract and there will be construction involved in getting this network up over a couple of years. There may be some delays, perhaps for regulatory reasons or caused by different local authorities, which will result in a compensatory claim. I presume these are all part of the contract. When we get a contract it is based on the price on the day if it was all delivered today but that will not be the price of the contract if it takes three years and construction inflation must be built in.

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