Oireachtas Joint and Select Committees
Thursday, 22 May 2025
Public Accounts Committee
National Paediatric Hospital Development Board and Children's Health Ireland: Discussion
2:00 am
Mr. David Gunning:
There are three levers in the contract.
At one end, we have the right to terminate on a basis of certain situations arising. That is the extreme end. At the other end, we can reduce BAM's payments by 15% in the event it does not provide us with a programme. We have done that numerous times throughout the course of the project. When BAM then submits a programme, all of that money gets repaid. The only other option is the application of liquidated damages. That is extreme.
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