Oireachtas Joint and Select Committees
Thursday, 16 June 2022
Public Accounts Committee
National Paediatric Hospital Development Board: Financial Statements 2020
9:30 am
Paul McAuliffe (Dublin North West, Fianna Fail)
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I accept that. All the more reason then that would not have resulted in significantly increased costs, had the board put something into that initial contract, because the contractor would have made the same calculation the board did that it was unlikely to be as high as 10%. There should have been some mechanism in the contract that protected the State from paying 100% of that figure above the 4%. There should have been a more reasonable split between the two.