Oireachtas Joint and Select Committees

Thursday, 30 May 2024

Public Accounts Committee

Financial Statements 2022: National Paediatric Hospital Development Board

9:30 am

Mr. David Gunning:

I certainly cannot give a guarantee. I cannot foretell or forecast what is down the road. What I can say is that our forecasting and scenarios that went in as the underpinning of the capital request and capital increase were very thorough and had provisions, as would be expected, prudently, for some further time movement in relation to project completion. There is provision in there. There is additional contingency in there. Already there is a provisioning within that for all the items in the PwC report: the additional management requirements, systems and provisional sums. Inflation is now within the number. If the Deputy remembers, in the past, inflation was outside the number. We have been very comprehensive in pulling all that together.

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