Oireachtas Joint and Select Committees

Thursday, 16 June 2022

Public Accounts Committee

National Paediatric Hospital Development Board: Financial Statements 2020

9:30 am

Mr. Phelim Devine:

The sharing piece is the contractor pays 4% - that is 4% compounded as well - in terms of price he put in at tender and then anything over that would be paid by the State. That is the sharing mechanism.