Oireachtas Joint and Select Committees

Thursday, 5 December 2019

Public Accounts Committee

National Paediatric Hospital Development Board: Financial Statements 2018

9:00 am

Mr. Fred Barry:

To say that we cannot have any possible sense of what the costs will be is not really a proper reflection. The contractor can put in endless claims. There is no restriction on the amount a contractor can actually come looking for. If one has a contract in place, as we have, which covers the vast majority of the costs out there, then it is not as though the guaranteed maximum price bears no relationship to the end costs or that billions of euro of extra costs can arise; they cannot. As I have said before, the contractor will make claims, we will resist them and it will be a surprise if some of those claims do not stick before the jobs is over.

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