At site of the National Children’s Hospital on the campus of St James’s Hospital in Dublin; graph from a PwC report on the hospital’s overspend
NEW: PWC report on the National Children’s Hospital says original cost estimate “was never adequate to deliver the envisaged outcome” (but taking other action last December would have meant increased cost and possible collapse of project) – quantity surveyors heavily criticised…
— Gavan Reilly (@gavreilly) April 9, 2019
…and, importantly, costs won’t remain at €1.7bn
— Gavan Reilly (@gavreilly) April 9, 2019
Major under estimating of costs, failings in planning and budgeting, red flags missed but no option but to continue with project, these are among the findings of the PWC report into the Children’s Hospital @rtenews
— Mícheál Lehane (@MichealLehane) April 9, 2019
PWC report warns that Children’s Hospital could cost more than €1.7 billion and an increase in construction inflation to 10% would add €97 million to that. @rtenews
— Mícheál Lehane (@MichealLehane) April 9, 2019
More as they get it.
Children’s hospital report says final cost will exceed €1.73bn (The Irish Times)
Graph: Gavan Reilly
I’m really looking forward to learning the identity of the person pr persons [surname, first name] responsible for the over-run. You might recall that this was a major bone of contention at the height of the rumpus in January, and Leo was ultimately forced to accept the report would have to name people. At least we mightn’t feel so bad at the €450,000 cost of the PwC report if we know who [surname, first name] was responsible.
Once person? It looks like a lot of people messed up.
Name them all!
So, a Hospital that is to be the most expensive on the Planet Earth, has a estimated cost that was ‘never adequate’. The cost will exceed the €1.7bn. That’s € 1700,000,000.
Leprechaun economics. FG Style. And of course, Actavo involved. The important ingredient for FG Government contracts. The great bake-off.
If that graph is from the PwC report, then PwC should not get paid one cent. And the author should be hung, drawn and quartered… for starters.