Oireachtas Joint and Select Committees

Thursday, 13 December 2012

Public Accounts Committee

2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011

10:40 am

Mr. Brian Murphy:

Again, it depends on what we want to publish. The stimulus package is coming down the line. There will be a pipeline of projects. Many of these projects are quite similar; they are schools and accommodation-type projects. One does not want to show too much of one's hand to the market. There is a balance to be struck to ensure there is a good competitive process and robust negotiation, on the one hand, and transparency on the other. Although we want there to be as much transparency as possible, we must be mindful that the price of such transparency could be a bad deal. We in the NDFA have talked to our colleagues in the Department of Public Expenditure and Reform about this and we would favour releasing, perhaps at the time of going to the market, some kind of indicative number for the budget, but we would not favour publishing the PSB, for instance.

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