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:

Yes. The average tender price inflation that applied in 2021 - it is set out in the contract how we get there and I will not go into that - was 10.24%.

There is a mechanism in the contract where the inflation rates are compounded-----