Oireachtas Joint and Select Committees
Thursday, 30 May 2024
Public Accounts Committee
Financial Statements 2022: National Paediatric Hospital Development Board
9:30 am
Mr. Phelim Devine:
There are two aspects to that. There is a mechanism in the contract – ours is no different than the standard public works contract – in terms of the retention and how much that is. If there is a latent defect that arises afterwards, the contractor will still be under contract. It will be under contract for 12 years, so there is a mechanism whereby, if something occurs or needs to be rectified due to faulty workmanship, we can still contractually pursue the contractor for that.
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