Oireachtas Joint and Select Committees

Thursday, 16 June 2022

Public Accounts Committee

National Paediatric Hospital Development Board: Financial Statements 2020

9:30 am

Mr. David Gunning:

The approved budget for the development board is €1.433 billion. We are indicating there is obviously pressure on that. Inflation was never within that approved amount. That is at €50 million anyway, and more. There is upward pressure on that particular issue. There are other upward pressures. If I look across the other cost categories, the provisional sums, the equipping, some of the legal costs, and litigation and claims defence costs will increase. There are upward pressures. As I said, we will not put a number on it but I can share with the Deputy that they are moving in the wrong direction. There is no doubt about that.