Oireachtas Joint and Select Committees

Thursday, 16 May 2019

Public Accounts Committee

National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed)

9:00 am

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

Okay. So we came in with our tender in April 2017. The following year, not much before the end of 2018, the figure increased by €450 million, which is a 50% increase in 18 months. In April 2017 the figure was €983 million but in December, at the end of this report or at the end of the gross maximum price in November, which was 16 months later, the figure had increased by 50%. We know there were changes in the bill of quantities, commercial settlements with contractors and cost savings. That is there in the report on page 1. Who is responsible for missing the €450 million in real costs? Mr. Barry has said that it was always going to cost €1.43 billion for the construction and the fact that-----

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