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
1:50 pm
Mr. Ronan Mulhall:
I suppose this touches on some points raised earlier. The NDFA provides that the proposed approach by a public-private partnership should represents value for money compared to a public sector benchmark. The NDFA examines the proposed public-private partnership approach against a public sector benchmark, which would be the more traditional route, to see whether going this route represents value for money.
The review in 2007 was to see the corporate restructuring did nothing to change the initial view.
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