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

Turning to the risk difficulty being generated by existing PPPs, Mr. Barry made a point to Deputy Connaughton. The issue is picked up on page 83 of the report. I will be pedantic and read from a footnote: "The traffic levels, which are well below the base case scenarios underpinning the PPP contracts, will also have an impact on the PPP companies' returns relative to those envisaged at contract signing." Will Mr. Barry develop this point a little further? I ask him to do so because there can be a perception that most of the up-side in such projects sits with the private company and most of the down-side sits with the State.