AQW 21720/17-22 Written question to the Minister of Finance
To ask the Minister of Finance for his assessment of the impact of Brexit on construction costs in Northern Ireland.
Asked by Andrew Muir MLA on 8 July 2021
- Answered
- Written
- Tabled
- 8 July 2021
- Answer due by
- 27 July 2021
- Answered
- 16 July 20218 days after tabling
- Department
- Department of Finance
- Priority question
- No
Answer
Increased costs in construction here are primarily resulting from inflationary pressures brought about by global Covid-19 restrictions; international infrastructure investment; and increased home improvements, which are collectively leading to shortages and delays in the delivery of certain construction materials and products.
My Department is working with contractors and their supply chains to ensure that any increased costs and timely delivery of materials are managed in contracts so that essential public services continue to be delivered.
It has not been possible to attribute increased cost as a result of the EU Exit in isolation to the impact of the pandemic.