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Contractors on major road projects sought €850m over agreed prices

Cost disputes Construction sources say the process is characterised by adversarial cost disputes, leading to lengthy arbitration and expensive legal proceedings. As the State prepares to spend more than €100 billion as part of Project Ireland 2040, Mr Walsh warned the public works contract wouldn’t work for so-called “mega-projects”. “This type of public works contract would not be appropriate for mega-projects like the Metrolink,” he said. Two other types of contract – a New Engineering Contract (NEC) and a so-called “Fidic” contract – would be more appropriate, he said. TII has used these contracts on a trial basis, and the approval process to allow them be considered as an option for infrastructure projects is under consideration, having been supported by the Office of Government Procurement.

Spending billions on infrastructure is a risky business

Spending billions on infrastructure is a risky business ‘Lowest bid wins’ approach to tenders needs to change, say both sides of process about an hour ago   Building roads is a precise feat of engineering, but according to one industry veteran, the current system for awarding and winning contracts induces some imprecise guesswork. “You’re there the night before [submitting a bid], you have to write up the bill,” a source confides. “We need the work; the lads are available, the crews are available, what do we have to do to win it?” Many of the contracts awarded by the State boil down to one simple factor: price. And when you’re awarding billions of euros in contracts, it’s only right and proper that due emphasis be placed on how much is being paid. However, that can also lead to a race to the bottom, with nasty fallout afterwards. To get the best chance of winning a project, insiders say, some – literal – sunny assumptions are made.

Unemployment stuck at around 25 per cent as Irish lockdown drags economy down – dpa international

Unemployment stuck at around 25 per cent as Irish lockdown drags economy down – dpa international Most sports in ireland have been banned as part the current lockdown, leaving pitches such as this in the west of Ireland empty and unused (Simon Roughneen) DUBLIN Unemployment in Ireland lingered near the 25-per-cent mark in March as a third pandemic lockdown continued to hammer the economy, according to official data released on Wednesday. Though the Central Statistics Office (CSO) said March’s 24.2 per cent unemployment was down slightly on February’s 24.8 per cent, pandemic restrictions continued “to have a significant impact on the labour market,” according to the CSO’s Catalina Gonzales.

From meeting outdoors to the 5km limit – what is the rationale behind the lockdown restrictions?

From meeting outdoors to the 5km limit – what is the rationale behind the lockdown restrictions?
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