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:

The 15% is actually too high. It is not picking up some of the spikes on a monthly basis. That is a real problem and what we are hearing from our members. In the context of the hyperinflation being dropped, you are allowed to claim only for an excess above the figure.

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