Carol Nolan (Laois-Offaly, Independent) | Oireachtas source

I will finish up. The cost of the NBI programme is made up of a base subsidy of €2.1 billion and €480 million of a contingency subsidy plus VAT. According to NBI, it is very early in the build phase but the indications are it will be able to keep as close to the € 2.1 billion base subsidy as possible. If this does not happen, does the Minister anticipate increasing the existing €480 million contingency fund and, if so, at what level? As I said, I have serious concerns around the cost of the project. Indeed, I have very little confidence that a project of this scale can be delivered. It is certainly not being delivered in a timely manner.

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