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:

I will answer that question. The contract provides that the NPHDB and the State is liable for inflation above 4%. Up to that point, it is on the contractor's dime, as it were. We have done an analysis and I can share with the committee the payments we have made under inflation in the period 2019, 2020 and 2021.