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

Mr. Paul Sheridan:

As Mr. Parlon stated, unfortunately, due to the nature of the industry and the fact that one has to tender based on a pre-qualification and show one's finances, contractors tend to keep their cards close to their chests in terms of the financial position. That has to be understood. As such, we would never be told X, Y or Z, so we cannot tell it to the committee. All I can say is that having put my finger in to test the temperature of the market at the moment, I have never come across any market like it since probably 2009 or 2010.

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