Oireachtas Joint and Select Committees
Thursday, 5 December 2019
Public Accounts Committee
National Paediatric Hospital Development Board: Financial Statements 2018
9:00 am
David Cullinane (Waterford, Sinn Fein)
Link to this: Individually | In context | Oireachtas source
Residual risks have been mentioned. What are the residual risks and in what areas will there be possible risk? Residual risks were talked about. Are they the areas for additional claims? Additional cost claims that can be made by the developer were mentioned. A developer may make a claim but it does not necessarily mean they will be paid so one has to go into a negotiation, there will be a barter and they may or may not be paid. I assume that is what Mr. Barry was talking about. There are residual risks and because of them there may well be additional cost claims. If that is the case, if Mr. Barry agrees with that, can he outline the areas in which there is the possibility of a risk in terms of additional costs?