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

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11:30 am

Mr. Fred Barry:

I will provide an example. In the upgrade of the M50, which was largely done through a PPP, the PPP company does not carry any of the traffic risk. The toll revenue and its increases or decreases accrue entirely to the State. This is more of the model that we will use in future.

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