Oireachtas Joint and Select Committees
Thursday, 7 February 2013
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 32 - Department of Transport, Tourism and Sport
Chapter 6 - Financial Commitments Under Public Private Partnerships
Chapter 26 - Collection of Motor Taxation
Financial Statements 2011 - National Roads Authority
11:30 am
Mr. Fred Barry:
I agree completely. Perhaps I did not say so earlier, but I accept the Comptroller and Auditor General's recommendation on this sort of risk sharing mechanism. As recent review reports in the UK would suggest, the likelihood is that PPPs, if they are to continue to provide value for everyone, will need to include more risk sharing measures between the client and the public sector in future.
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