Buncrana decentralisation site cost 10% over estimate

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It’s emerged 44 million euro was spent on 12 sites which are now lying idle because decentralisation has been put on hold.
A report from the says that six of the sites were also found to have been bought at prices above the benchmark set by consultants engaged by the Office of Public Works.
One site purchased in Birr in Co Offaly, by FAS was purchased for more than double the initial valuation placed by its own property consultations,
The site for the decentralised office in Buncrana cost 10% more than the initial valuation, but the OPW argues that the two other sites considered were more expensive and inferior.


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