Results 2,141-2,160 of 34,585 for speaker:Seán Fleming

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Does the VAT come in under it?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: In that case, BAM is in line to get approximately €1 billion.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: I am just trying to get a breakdown of the figures. Page 26 of the financial statements refers to total capital commitments for contracts not provided in the financial statements. These are contracts that have been entered into but have not come up yet and are not in the financial statements. The total amount, including VAT, is €997 million. The sum of €260 million has...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Mr. Gunning said the total project cost is €1.433 billion between now and 2022 or 2023.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: The difference between the two is €176 million.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: At this stage, Mr. Gunning is saying the contract has been signed for 88% of the costs, namely, €1.433 billion?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Has the board entered into any new contractual arrangements that were not in place at the end of December last year?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Mr. Gunning mentioned that additional procurement will be needed for equipment for the project. Can everything for the period from 1 January 2019 to the hand-over of the hospital be completed for €176 million to give the figure of €1.433 billion? We are not talking about inflation. Does Mr. Gunning have an estimate of what further costs will be incurred to complete the...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Yes, I have said that.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Of course. I am looking at the full length of the contract.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Does that €155 million cover everything the board will expect up to the end of 2023?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: We dealt with those issues in our periodic report so we understand that. We had a brief discussion on that. The board is operating on a very tight amount. A total of 88% of the costs of completion to 2023 has already been committed. That leaves very little. Is Mr. Gunning satisfied that the small amount of €155 million will see out the remaining life of the project?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: We know that tenders are subject to inflation and other elements such as new design and whatever else.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Mr. Barry is a very experienced man. What would be the industry norm for claims submitted by experienced contractors versus what they end up getting? Would they normally end up getting 60% or 70% of the claim?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: I will direct some questions to Mr. Breslin. I am still on the same topic but I want some information from him. There was talk about the HSE's capital plan and whether it would impact on other projects. I do not have the figures in front of me so I will be guided by Mr. Breslin's figures. What are the global figures for the HSE capital plan for the years 2019, 2020 and 2021?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: No, per annum. They were quite late coming out. What is the approximate global figure per annum?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: This year, it is about €650 million and next year, it will be approximately €700 million.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: What will it be in 2021?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: What is €880 million?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Could Mr. Breslin give me the total amount for the capital plan?