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. Paul Quinn:
There is another aspect to which I want to draw attention. As I have already said, part of it has been some form of peer review or external view on some of the technical aspects. The other aspect from which we have learned enormously is the volatility of the construction market. The Deputy will have seen in recent weeks that Ireland is now the fourth highest inflationary location in the world for construction. When the project began in 2013 nothing was happening in construction. We had to take a view on inflation and inflationary pressures and we now-----
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