Oireachtas Joint and Select Committees

Tuesday, 24 May 2022

Joint Oireachtas Committee on Housing, Planning and Local Government

Construction Costs in Housing: Discussion

Mr. Conor O'Connell:

Yes, it does. It is very anecdotal at the moment. We are aware of contractors pulling back from public works, in particular for social housing projects. Hopefully the changes Mr. Taaffe outlined in relation to the public works clause, which would allow for price adjustment clauses, will steady the market and draw in more contractors to tender for public works. Public works can be very risky because of the nature of the public works contract. Hopefully that will bring stability to the market place. That was a price adjustment clause for public works. We are concerned about Part V. Turnkey developments need to be addressed as well to ensure that there is a stable market going forward.

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