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University of Limerick paid ‘significantly above’ market price for €11.9m accommodation

University of Limerick lacked “correct and clear” information on the cost of a botched student housing project before pressing ahead with a €11.9 million deal in which it paid “significantly above” market price, according to a damning report that raises new questions about the transaction.

The report by former civil servant Niamh O’Donoghue found the cost structure presented to UL leaders was not “clear and consistent” with the August 2022 contract.

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