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 way the contract is set up is that the inflation is calculated on the basis of three published indices from three sources. They are usually published in the first half of the year, and look backwards at the previous year. Two of the indices have been published for last year, but not the third.