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

The old contracts referred to 50% inflation and required a 30-month wait. Since 1 January, the figure is 15% for inflation if companies wait 24 months. The witnesses might comment on that timeframe. Whatever will work now must be pretty straightforward because changes need to be introduced now and work straightaway. It will take a long time to get a framework for new contracts up and running.

Can the witnesses distil down for us what they would like to see in a variation? Mr. Parlon made reference to the 10% increase in the price of diesel. We are all hearing about that. Can he drill down and tell us what he would like to see in practical terms?

Comments

No comments

Log in or join to post a public comment.