Estimates of the costs of the introduction of postcodes are contained in the Report of the Postcode Project Board, which was published in 2006 and a Cost Benefit analysis published in 2008. Copies of both reports are available on the website of the Department of Communications, Energy and Natural Resources.
The non-recurring initial capital cost of the establishment of postcodes will be €15m. Recurring costs are estimated at €2.5m annually. The actual gross costs, which will be incurred on foot of postcode implementation in the public and private sectors, will be determined by the proposal which is chosen for system implementation by public procurement. The net costs of postcode implementation will be a function of both the gross costs and the gross benefits accruing over time as a result of the implementation of the project. These again will be determined by the proposal, which is chosen for system implementation through public procurement.