Oireachtas Joint and Select Committees

Thursday, 3 March 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Home Building Finance Ireland - Financial Statements 2020

9:30 am

Mr. Sean Alger:

A number of factors go into this construction cost. For example, if the developer is also the builder, they do not have a construction margin built in for a contractor, whereas if a developer is using a third-party contractor, there is a contractor margin built in as well. So, the construction costs vary. It is not just by region. It is actually by developer as well.

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