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DoI contingency rises to fund bad weather

Fri, 19 Feb 2016


The £5 million contingency Infrastructure 'bad weather' fund isn't a fixed cost.

That's according to the Treasury Minister - he says it's being stockpiled to allow flexibility to finance inflated costs and unforeseeable events, like flash flooding last December.

A separate £5 million contingency fund to cover that contingency fund has been created to meet the same demand.

Eddie Teare explains why:
 

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  • Minister Eddie Teare

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