Inflation Co-operation Framework

Inflation Co-operation Framework
News
Key provisions for the Inflation Co-operation Framework
The Minister for Public Expenditure and Reform, Michael McGrath TD, yesterday announced details of further measures to address the impact that exceptional inflation in construction materials and energy is having on public works contracts. In the interest of safeguarding public projects that are already under construction and to mitigate the risks of significant losses being sustained by contractors, he is introducing an Inflation Co-operation Framework for those parties engaged under…