The cost of building the National Children’s Hospital is estimated to increase by €51million due to inflation, the Public Accounts Committee has heard.
David Gunning, chief officer at the National Paediatric Hospital Development Board told the committee yesterday that construction inflationary costs above 4% would fall on the State, rather than the contractors.
He said: “So for 2021, the payment is €17.89million. The total inflation payments to date are roughly €21.16million.”
