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

12:50 pm

Mr. Tom O'Mahony:

There is a separate account. I am basing my answers on information that may have been provided to the committee at one stage. There is an agreement in place between the Department of Education and Skills and Bus Éireann, which dates back to 1975. It sets out accounting procedures and so on. One of the things it provides for is an administrative charge. The administration charge in the original agreement was 13%. I would interpret this to mean that what Bus Éireann gets back is the actual costs incurred, as shown by audit, and an administrative charge. However, the administrative charge is no longer 13% because it was agreed in 2011 to cap the charge at €16.7 million. Given that the total payment from the Department of Education and Skills was €152 million, this sum would amount to approximately 11%. Mr. McCarthy may have the precise figure.

Comments

No comments

Log in or join to post a public comment.