Results 26,661-26,680 of 34,956 for speaker:Seán Fleming

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: Mr. Costello might send us a note on that. The underestimation associated with the preliminary design seems to be a core issue. There is an argument not that costs escalated to the extent they did but that, to begin with, the figures given at an earlier stage were incorrect. The comment has been made at the Committee of Public Accounts over the decades. There is often a tendency for public...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: It looks a bit like that.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: When was the main contract signed? Was it early 2017?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: So they were on site in October 2017. When was the detailed design completed because it was at that stage, you started to see the issues. When was the detailed design?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: Approximately a year.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: To get on site a year early to show activity, we left ourselves wide open to having a contractor on site without a detailed design and now we are in the situation that when we do see the detailed design, the options are very limited. The witnesses can understand that scenario. It looks like that.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: Not the completed. There was no completed-----

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: The total project.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: Without the detailed design.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: Did Mr. Costello revisit this? Was it the cheapest tender?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: I think it was €120 million or €130 million below the others. In the public sector, there is another method of deciding which is the most economically advantageous price. It means if things go up like the PC sums or extra quantities come into play, a contractor might give the lowest price to do the basic work but when the extra items are factored in, it might not be the most...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: Was that done?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: The board has run the figures on that.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: It has.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: Mr. Costello understands the question.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: It would have won on both counts.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: It is probably no harm to clarify that.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: With regard to the contract, I know there is one and the board went in with the first 10% with the detailed design, which is about 10% of the final price, and the other 90% is subject to detailed design. Who decided that was the best way to go? The board could have taken a bit longer and tied it down before it started. Did the board feel rushed to get on site? Who made the decision to...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: Is Mr. Costello saying the State decided to take all the risk? There was no risk-sharing here.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (31 Jan 2019)

Seán Fleming: I am nearly finished. I saw the financial report accounts. The European Investment Bank has provided €490 million to support the construction of a new children's hospital and the two paediatric outpatient and urgent care centres. What way does it work? Is the funding of this coming through borrowing? Who got that €490 million? What rate is it? Is it part of the NTMA's...