Oireachtas Joint and Select Committees

Wednesday, 28 May 2025

Committee on Infrastructure and National Development Plan Delivery

Uisce Éireann: Future Work Programme

2:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail)

I was giving the outer figure, given what will be the case in 2032. In this regard, I have a suggestion for Uisce Éireann that I have made to other bodies. There are probably estimates of increasing costs expected over the next five to ten years. If, somewhere along the line, Uisce Éireann refers to the actual financial cost at completion, people will not get frightened, but they will get very cross if they are told today that the cost will be €4.9 billion but discover it will have ended up at €8.7 billion. Do the delegates get the point I am making? Sometimes you are better stating honestly what the cost will have been after completion rather than saying that if there are no rising costs and inflation, and if everything else remains the same, the cost will be €4.9 billion. That is not a real price; it is a current price.

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