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Uisce Éireann requests €400m boost to combat construction cost inflation

Roger Milne

Uisce Éireann (formerly known as Irish Water) has requested an extra €400m from the Republic of Ireland to boost the publicly-owned utility’s current €1.4bn budget.


The company has scaled back work on big investments as it confronts a rise of up to 35% in construction costs, far above the general inflation rate.


The company has warned that “similar to other organisations and reflecting the global environment, Uisce Éireann has been impacted by higher inflation which will necessitate an increase in funding to reflect increasing costs across the construction sector”.


The call for extra funding came as the construction industry warned that water project inflation was compromising housing delivery, as the state’s existing creaking water infrastructure could not service new development.


With a General Election on the way, Uisce Éireann’s call for new funding heralds difficult decisions for the Irish government as it faces competing claims for funding in the countdown to the October budget.

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