The National Children’s Hospital: ‘There are significant concerns in respect of inflation of construction costs,’ Malcolm Byrne, the Fianna Fáil senator, said. Picture: Fergal Phillips
The €1.7 billion cost of the National Children’s Hospital is set to escalate further due to the impact of soaring construction inflation. The contract to build the hospital was a fixed price one, but it allowed BAM, the contractor, to claim back any construction inflation beyond 4 per cent. Construction inflation increased to around 8 per cent last year and is expected to rise further this year due to the impact of the Russian...
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obraonain FFG's magic money tree goes to their cronies. Again.