Oireachtas Joint and Select Committees
Thursday, 16 May 2019
Public Accounts Committee
National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed)
9:00 am
Mr. Fred Barry:
Under the contractual process, to arrive at the adjusted contract price there is an original tender price. Then there is to be an adjusted price because of changes in quantities, specifications and so on. There has to be a mechanism for working it out if the two parties cannot agree. The contractual agreement was that, in the event the two parties could not agree, the matter would go to adjudication.
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