"Logistical challenge of housing the workforce necessary for the project set to become a headache Cost overruns on the multi-billion euro MetroLink project are expected to be split between the State and contractors to avoid repeating mistakes of the new National Children's Hospital, which has seen massive budget overruns. New documents obtained by the Sunday Independent also reveal that developers leading the project will be incentivised to deliver the underground railway on budget and on time."
"Logistical challenge of housing the workforce necessary for the project set to become a headache Cost overruns on the multi-billion euro MetroLink project are expected to be split between the State and contractors to avoid repeating mistakes of the new National Children's Hospital, which has seen massive budget overruns. New documents obtained by the Sunday Independent also reveal that developers leading the project will be incentivised to deliver the underground railway on budget and on time."
The MetroLink project faces a significant logistical challenge in housing the workforce required for construction. Cost overruns on the multi-billion euro scheme are planned to be split between the State and contractors to avoid repeating the large budget overruns seen at the new National Children's Hospital. Developers leading the project will be offered incentives to ensure delivery of the underground railway on budget and on time. Contract arrangements aim to allocate financial risk and performance incentives to reduce the likelihood of severe budget escalation and schedule slippage.
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