Results 7,021-7,040 of 9,571 for speaker:Verona Murphy

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: There is a further extension. Until when does that run?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: Indefinitely.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: Okay. I thank the witnesses. I may come back in at a later stage.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: Mr. Tierney mentioned a figure of €300,000. Does that contract have the 4% inflation rate built in and all of that? Is it the same?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: Apologies. It is €300 million.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: I am sorry but I cannot hear Mr. Tierney. I have bad hearing.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: Okay.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: Does that mean, in the context of inflation, it applies in the same way as it does to the initial contract?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: Right. Effectively, that €300 million figure has gone up. Mr. Tierney also said earlier it is the same but clearly it will not go as far.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: I know but at the same time, there was a point at which that was an estimate. Clearly, somebody has said that the €300 million will no longer fit the estimate. Does Mr. Tierney assume we will get the same services for the €300 million, which was initially estimated, I assume, at least two or three years ago?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: Mr. Tierney has set out what the €300 million is for.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: It has not been breached because the contracts have not been put into effect.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: How much is that?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: Does Mr. Tierney even know the percentage?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2020 (16 Jun 2022)

Verona Murphy: Please do. Even with the best plan in the world, it is what we try to plan for. My question was about the impact of inflation on the €300 million. That is as far as I can go. I asked before about providing a breakdown of the litigation costs so that could be sent to us along with the provision in the contract of €300 million.

Public Accounts Committee: Business of Committee (16 Jun 2022)

Verona Murphy: It is incorrect to state "million" here.

Public Accounts Committee: Business of Committee (16 Jun 2022)

Verona Murphy: Yes, a slight one when it gets in to the billions.

Public Accounts Committee: Business of Committee (16 Jun 2022)

Verona Murphy: Even if it is not, it pertains to planning decisions as opposed to financial issues. Perhaps I am wrong.

Public Accounts Committee: Business of Committee (16 Jun 2022)

Verona Murphy: I look forward to seeing what it is this year.

Public Accounts Committee: Business of Committee (16 Jun 2022)

Verona Murphy: We estimate it might be in the range of €20 million.