Oireachtas Joint and Select Committees
Thursday, 6 December 2012
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
Chapter 16 - Central Government Funding of Local Authorities
12:30 pm
Ms Geraldine Tallon:
There is certainty in terms of the capital cost and better allocation of risk within the project. Private operators are encouraged to use newer technologies that have associated economic and technical advantages. As I stated, there is a contractually guaranteed performance and maintenance contract in place for 20 years. However, we are talking about plant in the wastewater area that may be for a population equivalent of 5,000 or many multiples of that.
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