Matt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source

The difference is that in that case, that percentage was built in to the original contract. What happened here was that 4% in construction inflation was built into the original contract with a proviso that everything above that, regardless of what it was, would be borne by one side. How it works with social housing projects, as we know, is that if costs go beyond what could have been envisaged, there will be a sharing of the burden. There is no sharing of the burden in this instance. It is all falling on the Irish taxpayers and that to me is mind-boggling.