Oireachtas Joint and Select Committees

Thursday, 13 July 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

Defective Block Scheme Regulations and Review of IS 465: Discussion

Photo of Cian O'CallaghanCian O'Callaghan (Dublin Bay North, Social Democrats) | Oireachtas source

I just want to ask the Department about the testimony we heard earlier from Engineers Ireland about insurance risk and IS 465. The organisation says that a key factor with regard to engineers not signing up for the IS 465 register is the risk profile of the scheme and obtaining professional indemnity insurance. The organisation specifically states that:

The lack of professional indemnity insurance cover is especially acute for remediation options 2 to 5. The [professional indemnity] underwriters are unwilling to take the risk of the [professional indemnity] policy being called on if there are claims resulting from cracking of retained blockwork in the future.

Earlier, I believe the Department was disputing that testimony, so does it accept that testimony from Engineers Ireland or not?

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