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:

I think we have talked before about the two-stage process and all of that. When we got to the guaranteed maximum price, at the time of the Government decision to proceed with the project in 2019, there was a €909 million contract. That is what you have to measure from. Yes, there are lots of debates about what was right or wrong up to that point. From that point, the employer's representative determined the €23 million or €27 million in total to date. There will be further costs that will increase. There are issues with provisional sums that need to be rectified. We talked about that earlier. There will be additional costs going beyond that. Mr. Gunning talked about this earlier. In terms of the envelope of capital requests which have been sanctioned by the Government, we have run various scenarios which I will not get into. As Mr. Gunning said, we are reasonably confident that we can complete the hospital within that budget.

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