Written answers
Tuesday, 7 March 2017
Department of Housing, Planning, Community and Local Government
Construction Industry
Joan Burton (Dublin West, Labour)
Link to this: Individually | In context | Oireachtas source
272. To ask the Minister for Housing, Planning, Community and Local Government the level of construction inflation that has been experienced by his Department in each of the past six years and to date in 2017 in respect of construction projects and other capital projects; the way in which he monitors construction inflation and the mechanisms he employs to establish this; and if he will make a statement on the matter. [11535/17]
Simon Coveney (Cork South Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source
With the reduced level of capital funding that applied up until recently, there has been minimal tender activity up to 2016 to form a reliable data base in respect of construction projects for which my Department is the sanctioning authority. However, recently, there has been a much increased level of tender activity and my Department has a team of Quantity Surveyor advisors who monitor this activity for the reconstruction projects. This monitoring indicates that inflation in respect of such projects is in line with the Tender Price Index published by the Society of Chartered Surveyors Ireland (SCSI).
SCSI produces this independent assessment of construction tender prices biannually. The Index can be accessed at the following weblink:
.
No comments