Residential Tenancies Board's new ICT system €5.2m over budget

The online tenancy registration system was budgeted at €3.3m but cost €8.5m. File picture

A new ICT system for the Residential Tenancies Board (RTB) ran €5.2m over budget and was delivered 29 months late, without all planned functions.

The online tenancy registration system was initially budgeted at €3.3m, and came into use in November 2021, but it reached an overall cost of €8.5m, bringing it over budget by 157%.