Oireachtas Joint and Select Committees

Wednesday, 27 April 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

If a company tendered for a project and suddenly all its costs go up and it loses the ability to recoup those costs, the likelihood of it being able to continue to deliver that project is, effectively, gone. In terms of inflationary pressures, labour shortages and the costs of everything going up, has the Department worked out whether the increases are 20% or 30%? I know the Department is doing the analysis but are there any preliminary data for us to understand the pressures that exist?

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