Government to access €400m of unspent capital for NDP projects | Business Post

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The government is to deploy a war chest worth hundreds of millions of euro to keep the state’s landmark National Development Plan on track this year after agreeing to share the burden of soaring construction costs with contractors.

Michael McGrath, the Minister for Public Expenditure, announced that the state would pay 70 per cent of the construction cost inflation on recently signed public works contracts to safeguard key projects

Michael McGrath, the Minister for Public Expenditure, last week announced that the state would pay 70 per cent of the construction cost inflation on recently signed public works contracts to safeguard key projects, with contractors...

 

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