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Soaring building prices pushes up cost of state nursing home contract by €100m

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In 2019, the state expected to spend €150m to build 7 nursing homes. That price has now jumped to €250m.

The cost of a new state nursing home contract has soared by €100 million to €670 million in the space of four years, it has emerged.

Seven community nursing homes for 530 patients are being built on Health Service Executive sites around the country by a private consortium under a private public partnership. Tender documents show that the contract was originally advertised by the HSE in 2019 at a “capital expenditure value” of €150 ...

 

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