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Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: Five multiplied by 40 is equal to €200 million extra.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: It is an annual increase at the moment. AECOM did not say it was going to increase by 7% in total over the next five years. It said we are at 7.5% this year and that it could be more next year. An exclusion of anything over 4% can be negotiated.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: It is not going to stay at 4%.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: Has anybody taken a wild guess as to what it will be cost-wise? The people really want to know. We have this omni-shambles and omni-shambles part two going on with the national broadband plan. What we are saying to people is that today the price is €1.7 billion. AECOM is telling us that this is going to increase cumulatively about 3% per year if its projections are correct, and...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: What is the price?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: No, it is 7% per annum over the course-----

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: It is a 7% increase in the cost between now and then.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: What will it be?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: It is above 7% of the moment.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: As things stand, we are talking about €100 million extra.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: Mr. Breslin told me it is in the PwC report.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: Dublin inflation was a 12% last year.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: Is it reasonable to say that the price that is being bandied around at the moment is likely to be €50 million to €100 million more, based on the PwC's genius?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: I will leave that issue for now. When he was in here, Mr. Watt informed us that he meets Mr. Quinn at 11 o'clock every Monday morning. Is that correct?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: Mr. Watt seemed to indicate that Mr. Quinn never mentioned to him in all those meetings that there problems with the hospital.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: When did Mr. Quinn meet the Minister, Deputy Donohoe?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: No, that is okay. Mr. Quinn obviously has a very close working relationship with the Secretary General, if he meets him every Monday.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: I realise Mr. Quinn has fiduciary duties as a board member. Clearly, there is a flaw in the legislation, if on the one hand one is privy to this and on the other hand one cannot share it with the people who matter, which is the Government.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: I know Mr. Quinn may disagree, but as a legislator I think it is bad practice. Mr. Quinn was the head of procurement for the State on one hand and on a board on the other hand. It defies all logic and credibility that he had to keep an omnishambles which was going off the rails secret from the Department of Public Expenditure and Reform, while at the same time doing an excellent job of...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)

Marc MacSharry: Mr. Quinn was not even consulted on the steering group, as I said earlier. There was time pressure, so a decision was taken to streamline the process of dishing out €2 billion of the people's money in order to avoid a fine of €12 million. That is effectively what we are saying. Mr. Quinn is the head of procurement. He has extraordinary expertise and he is saying the system...

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