Infrastructure
Construction firms warn government the sector is becoming ‘uninsurable’
Construction Industry Council claims 100 per cent damages law threaten firms’ ability to deliver housing and transport projects key to the state’s €165 billion National Development Plan
Construction firms have warned that the laws around government contracts risk making the industry “uninsurable”, and threaten their ability to deliver housing and transport projects key to the state’s €165 billion National Development Plan (NDP).
Firms across the construction, engineering and architecture industries have hit out at a law that means companies may have to cover 100 per cent of the damages in a construction contract even if it they are only responsible for 1 ...
