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
10:40 am
Mr. Fred Barry:
The payment for it was included in the €16 million. The PPP company originally asserted claims of €140 million or €180 million, but by the time we reached the final negotiations its claims had decreased to the region of €80 million, including a claim of €6 million relating to flooding. We ended up with a settlement of €16 million, with the balance carried by the PPP company. That €16 million is a global settlement against the €80 million being claimed and is not itemised for different elements.
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