Results 6,321-6,340 of 26,228 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: Is that manifesting in contractors now not working five days a week but, rather, operating for three or four days a week? That is what is happening with Roadbridge. Supplies were not coming in.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: How would those six projects be impacted by that change? Are the six Ms Brogan is talking about new projects or existing projects?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: I will contextualise this. I am not in any way giving an opinion. Funding of €360 million, or perhaps slightly less, has been made available for active travel projects in 2022. We have six road projects here that did not proceed because of a funding requirement of €10 million.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: Does the Department agree with that?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: With regard to my remarks in respect of Roadbridge, I point out there were rumours to that effect. I do not want to-----
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: Have our guests considered reform of the public works contract such that the funding on a contract would be ring-fenced in respect of suppliers on that contract rather than funding coming in on an existing contract being used to pay suppliers on a previous contract? Have they considered that area? It might give added security for suppliers.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: The current position involves an inflation rate of 15% and a wait of 24 months. What if we did away with the 24 months, worked on the basis of the inflation rate of 15%, and had the arrangement apply to contracts from before 1 January-----
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: -----and dispensed with the 50% and brought that back to 15%. Regarding all contacts, you could go in over 15%, but working on the basis of everything else that is within the existing framework. Would that work?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: No, I am wondering about what would happen if one worked on the basis of what is in place now, the 15% for the new contracts, dispensed with the requirement concerning a period of 24 months into the contract and brought it back to real time. Would it work if there were no change and we said we are now doing away with the 24-month period and applying the arrangement to all contracts, whether...
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: Currently, if one has more than 15% and goes in under claims, does the claims system itself work, or is that very cumbersome?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: In that case, there is an agreement in principle with the OGP that there is a need to bring in the price variation. It has made certain proposals to the Department. Who in the Department have the proposals gone to?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: When were they submitted?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: When the CIF representatives met the Minister, Deputy Michael McGrath, had the proposals been submitted to the Secretary General by the OGP?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: How did the latest discussions go?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: What would you deem to be, on average, construction inflation costs for roads?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: It is probably going to be 30% on average.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: Looking at the Exchequer costs, if it was making approximately 3.8% margin and it is now going down to 2% and there is inflation in costs, which I put at 30% to 40%, one is looking at contracts being priced at very small margins. We are probably looking at 30% to 40% and almost a quid pro quo from the increase in costs to the increase in the contract price. Is that a fair comment?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: However, the margins are so tight. The cost to the Exchequer has to be recognised. It is going to be quid pro quo. Whatever is the increase in inflation in costs is more or less going to manifest itself and increase the cost to the Exchequer in the public contracts-----
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: It would not be a full increase in the costs because that would be divided between the contractor-----
- Joint Oireachtas Committee on Transport, Tourism and Sport: Reform of Public Works Contracts for the Construction of Transport Infrastructure: Discussion (27 Apr 2022)
Kieran O'Donnell: If the inflation rate was 30%, we are probably looking at a 15% increase for the Exchequer if it was 50:50.