Oireachtas Joint and Select Committees

Wednesday, 27 November 2019

Joint Oireachtas Committee on Health

Update on Construction of National Children's Hospital: National Paediatric Hospital Development Board

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Fianna Fail) | Oireachtas source

Mr. Barry has given that response before. If I were on his side of the table I would have a better understanding of what the potential inflation exposure is. My understanding would be better than the people on this side of the table because I would have a very detailed model, which would calculate, for likely and unlikely levels of inflation, what my total exposure was because I have done this. I have been on the other side of the table and I have built these models from scratch. If I worked on his team, I would be able to tell him to a very fine level of detail, given the most likely probabilities, plus or minus ten, 20 or 30 degrees, on projected inflation and we would have worked out exactly why we think inflation is going to do what it is going to do. I would be able to state, at a very granular level, the likely exposure. Either he does not have anyone telling him that information, which is deeply worrying, or he has the information but feels he cannot share it. What is going on? Mr. Barry has stated that he knows as much as anybody else on this, which is an extraordinary answer.

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