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: