Oireachtas Joint and Select Committees

Wednesday, 6 April 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

Transport Infrastructure Ireland Projects and Related Issues: Discussion

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

This is very important. I have spoken to contractors. At the moment they are getting killed on diesel costs and materials costs. They will have been allocated contracts and they might have to wait. They would be the preferred tender but that cannot be awarded until it has been approved. The devil is in the detail. If they have a fixed-price contract for two years, when they come along and put in a claim for inflation after two years, what can they claim for with respect to inflation increases?

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