Dublin District Court has instructed that the work must be completed by the summer of next year in order to prevent the evacuation of the complex. Mr McNamara’s company Gendsong built the 296 unit complex on Dublin’s John Rogerson Quay in 2006 which was found in 2014 to have major fire safety deficiencies.
A meeting for apartment owners and residents on Tuesday heard the new offer had just been received at 9pm on Monday and that further time was required to assess it.
In December, Mr McNamara wrote to the apartment owners offering to do the work at cost for €1.5m. It is understood the latest offer is an improvement on that, and includes further work than the original offer outlined.
A report compiled by fire consultant Michael Slattery and Associates estimates the cost of the work at €3.88m.
In his letter to residents, Mr McNamara claimed that much of the remedial work under the fire safety order related to bringing the building up to current standards rather than any deficiencies in construction.
“Many of the fire safety issues and associated costs do not relate to non compliance during construction,” he said. However, he did not take issue with the Slattery report which was the basis for the assessment by Dublin Fire Brigade that a safety order was merited.
The Dublin Docklands Development Authority and the receiver for Gendsong have offered to cover €2.5m of the cost, but the owners say they are not in a position to meet the shortfall of €1.2m.
The shortfall in funding is now a major issue for the apartment owners and if Mr McNamara’s offer was deemed acceptable the owners would not be liable for any of the costs.
Any variation to the Slattery report will need the approval of Dublin Fire Brigade and a guarantee it will comply with the safety order.