The Oireachtas Public Accounts Committee has heard that the Irish Coast Guard’s rescue helicopter service costs the state around €60 million annually.

An initial 10-year contract with CHC Ireland to provide services with Sikorsky S-92 helicopters from four bases began in 2012 and was initially valued at €500 million.

As reported in The Irish Times yesterday, Thursday 28 May, Department of Transport secretary general Ken Spratt told the PAC that this cost will have risen to €650 million by 2022 but that it is “not a fixed-cost contract” and is “broadly in line with expectations at the outset”.

He also confirmed that one of three contract extensions has been exercised and CHC Ireland will continue to provide the coastguard SAR service until at least July 2023.

The Irish Times has more on the story HERE.