Results 3,021-3,040 of 7,961 for speaker:Imelda Munster
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Okay. Mr. Barry is presuming it is around commercial sensitivity, that that would be the only logical reason for the board to redact it.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Commercial sensitivity. Could I just have clarification around construction inflation and whether or not it is deemed commercially sensitive? Could I ask through the Comptroller and Auditor General to confirm if construction inflation - one is talking about the general industry as such - would be deemed commercially sensitive?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: It would not be deemed commercially sensitive at all.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Mr. Barry has just said it was commercially sensitive.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: No, Mr. Barry said there were two reasons, confidentiality or commercial sensitivity. The Comptroller and Auditor General has just ruled out commercial sensitivity as a reason, so what is the reason? Why is there a redaction?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Mr. Barry referred to commercial sensitivity. Can the Comptroller and Auditor General confirm that again, because there seems to be a little bit of confusion? Is there any train of thought or any aspect where construction inflation could be deemed commercially sensitive in the wider sphere of things?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: None of us does, because they are redacted.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Why would this information be redacted? Is it to save blushes?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Good, so was the discussion-----
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: It was the fact that it was redacted, and Mr. Barry said a moment ago there were two reasons for it being redacted, and one of them was because it was commercially sensitive. Now that has been rubbished.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: What was the other excuse Mr. Barry gave?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: I have asked Mr. Barry if the redaction was in relation to the board discussing the risks associated with inflation. That is a "Yes" or "No" answer.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Will Mr. Barry say that again?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Okay. Mr. Barry made reference to the fact the PwC report had estimated inflation at that time at 4%. Why would that be so sensitive that it be redacted from the minutes?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: I asked Mr. Barry, in particular, because the public need is not really served by him not disclosing the discussion. That is what this committee is about.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Prior to that, Mr. Barry had not done anything in relation to inflation. It was the PwC report that had given the rate of inflation at the time. When Mr. Barry was questioned at the health committee last week, that was very evident. The public need is not served by Mr. Barry redacting the information and the two reasons he gave have amounted to nothing. Anyway, people can see that for...
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Okay. Thank you. If inflation rises above 4%, can the construction company claim that back?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: If it was to rise to 7%-----
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: -----one could be looking at an additional cost of €166 million. Would that be right?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Okay. Is the clause in the contract around inflation increases standard for contracts of this type?