Oireachtas Joint and Select Committees

Thursday, 19 January 2023

Public Accounts Committee

Business of Committee

9:30 am

Mr. Seamus McCarthy:

The way the pricing was structured was based on indices, not on the actual price of the products, so the longer it continues, the more we are still exposed to construction price inflation.

I have cleared the 2021 financial statements for signing but there is still a process going on. I am still waiting for the final accounts so I would expect in the next weeks to be signing off on the 2021 financial statements. It is probably in the best interests of the committee for it to engage with the board publicly when it has the financial statements.