Updated 1500 hrs 16 December 2011
Waterways Ireland tells me today that the latest estimate of the costs of building a canal to Clones is €38 million plus VAT. I asked for more details:
Can you give me a breakdown please? How much is land acquisition, how much the channel itself, how much building locks, how much on bridges or whatever?
And what VAT rate applies?
This information is commercial-in-confidence. For competition reasons prior to tendering we are unable to provide a breakdown.
As “prior to tendering” covers the period between now and the end of the world, I said:
Tendering? You mean WI can afford to hire contractors? I would be grateful if you could tell me the source of your finding and the expected dates of its arrival.
WI was unable to comment ….