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

10:50 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Let me move to the cancellation costs of PPPs. I fully accept that it is not Mr. Murphy's role to decide whether the metro north and DART underground projects are to be deferred. That is a policy decision. With regard to some of the PPPs that have been deferred, the costs already accrued to the taxpayer are very significant. Where the metro north project is concerned, we have acquired assets at the same time. What conclusions can we take on board that might seek to reduce the cancellation or deferral costs of PPPs?

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