Results 4,901-4,920 of 7,961 for speaker:Imelda Munster
- 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?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Off-hand, would Mr. Barry know of any other public builds of this nature with clauses like that?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: All right.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: On the contractor claims, is there any way of estimating the value of the claims between now and then? From what Mr. Barry said earlier I believe there is pretty much no way, but is there none whatsoever?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: We have no idea, and this comes back again to the guaranteed maximum price. We have no idea whatsoever what the final cost will be.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: No. If we have no idea of estimating what the costs will be in those-----
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Sorry, just let me explain. Those contractor claims are ongoing and will be for the foreseeable future, possibly for four or five years.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: Mr. Barry has just answered me. We have no idea of what they would be. How could he then-----
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)
Imelda Munster: I know that, but it would stand to reason that we have no idea whatsoever of what the final cost will be. Is that a "Yes" or a "No"?