Advertisement
News

New info reveals major regional infrastructure project finished €20m over budget

Apr 6, 2021 13:25 By Shannonside News
New info reveals major regional infrastructure project finished €20m over budget
Share this article

The section of the M6 Motorway was one of fifteen major road projects that finished significantly over its original tender agreement price.

A major regional infrastructure project has been found to have surpassed its original construction budget by over  €20 million, according to information released today.

The Ballinasloe to Athlone Section of the M6 Motorway, completed in 2009, was originally tendered at €79.1 million but finished at a total price of over €100 million when complete.

According to information released to the Irish Times today, the figure is part of an overall national overspend of €850 million on major road infrastructure products.

Advertisement

Transport Infrastructure Ireland is responsible for large-scale road infrastructure projects and tenders the work out to private contractors, usually for the lowest possible price.

There have been calls for the TII to move away from the practice of contractor selection solely by price.

Local Senator Eugene Murphy says while unforeseen circumstances can cause overspends, oversight must always be maintained to ensure transparency:

Advertisement

 

Share this article
Advertisement
Advertisement

Shannonside Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.

Copyright © 2024 Shannonside FM. Developed by Square1 and Powered by PublisherPlus