Results 6,421-6,440 of 26,228 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: -----they are virtually unworkable. As it stands at the moment a contract is three years long. Is that correct?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: Effectively, a contractor's claim for inflation under a 30-month contract would normally be once the contract is completed. It would be coming in in the form of claims. Is that correct?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: So 50% inflation.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: Historically, one would never be able to establish grounds for 50% inflation.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: The contractors could not put in a claim for 30 months and then only if inflation had risen 50% above the price in the tender. The new contract stipulates two years and only where inflation rises above 15%. At the moment inflation is running at double that figure, between 20% and 30%.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: I am not an expert in this area but I have looked into it and diesel, materials and costs are key elements. Please explain how the new contract will work differently.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: What type of contracts are the new engineering contract, NEC, or the FIDIC form of contract? They are existing contract types.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: These contracts are internationally recognised.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: We are in an inflationary environment because circumstances are outside of our control in the Ukraine in terms of oil, material and other costs. We also have a considerable number of people who work in the construction sector, more particularly on contracts with TII. We have a national development plan to roll out projects the length and breadth of the country. Roadbridge brought into...
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: Is it correct to say the areas being looked at concern inflation?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: Is there an option within existing contracts to vary the circumstances under which claims can be made? Does such a facility exist? Is that legally possible?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: Has the TII had direct discussions with the Department of Transport, the Office of Public Works or DPER on this matter?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: How often does the contracts committee meet?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: Did that committee meet recently on this?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: Did TII express its major concerns?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: Did TII have discussions with the Department of Transport on this?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: What is the name of the committee?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: Is the Department of Transport represented on the committee?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: For us, as a committee, it is clear that we have an alarming situation developing in terms of inflation, particularly with contracts. I shall put this in stark terms. First, we have existing contracts that are bound to put no claims in for inflation for 30 months and then they can submit a claim only if inflation is 50% above the contract price. Second, the newer contract has existed since...
- Joint Oireachtas Committee on Transport, Tourism and Sport: Transport Infrastructure Ireland Projects and Related Issues: Discussion (6 Apr 2022)
Kieran O'Donnell: The witnesses have said that in many cases contractors would not make a claim because it was not an inflationary period but we are now in an inflationary period.