Above from left: Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media, Catherine Martin TD; Minister for Finance, Paschal Donohoe TD; and Minister for Public Expenditure and Reform, Michael McGrath at Dublin Castle earlier
Minister for Public Expenditure and Reform Michael McGrath has has said the taxpayer will pay 70% of extra inflation costs on public building projects.
Via RTÉ News:
Mr McGrath said that the cost of transporting building materials are rising and there are also ongoing delays in delivering these materials.
He warned that some building work might never be finished if the State did not intervene to address soaring costs.
In the interests of safeguarding public building projects, a new framework will be drawn up to “share the financial burden” with the State to complete the works.
Under this scheme, the State will pay up to 70% of the additional costs caused by inflation.
The minister said that the cost of this intervention is likely to run to €30 million to €40m for the first three months of this year.
Troubled by the changes he’s going through, a restless backpacker seeks his place in the world. As he experiences a mysterious encounter in a concrete building, he hopes to have finally found such a place.
The digital imaginings of Belgian artist Raphal Vanhomwegen, who renders his paintings at speed to maintain sponteneity. Of his foreboding, vertiginous, stream of consciousness architectural visions – depicted in technicolour, neutral shades and moody greys – he tells Colossal:
I am […] one of those people who think nothing is more beautiful than a sketch. I almost never saw a finished drawing look better than a very good sketch. That’s why I almost never finish my drawings. It feels like adding more notes to a perfect musical piece. It’s just not worth it.