Oireachtas Joint and Select Committees

Thursday, 27 January 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

National Broadband Plan Update: National Broadband Ireland

Mr. Peter Hendrick:

I will try to break it down. Ms Fisher can correct me if I am wrong. The cost of actually building the network is approximately €1.1 billion. We have rental of infrastructure, such as poles and ducts that we are going to use, and that is a cost of circa €900 million. That brings us to approximately €2 billion. That infrastructure rental is over a 25-year period. There is then a contingency of approximately €500 million for things of which we were not aware or which have gone wrong. To date, the reason we are very confident of doing it on budget is that the evidence we are seeing on the bills today gives us confidence in terms of the projection going forward and the overall plan.

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