Oireachtas Joint and Select Committees

Thursday, 12 May 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020

9:30 am

Professor Kerstin Mey:

The facts are right. As the Deputy may be aware, the project had to go out to a new tender to employ a construction firm. The tender process was concluded but the prices for construction are further exploding. Therefore the contract with the current construction firm, as far as I am aware, has not yet been concluded amid fear of a further spiralling of the costs could create issues for the construction firm.