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 Gort-Tuam route is included in the PPP stimulus plan. We are at the point of preferred tenderer, which in PPP speak means that the winning bidder is selected. We are in a position to negotiate the final agreement with that tenderer and close the contract as soon as the commitment of funding to cover the State side of the costs comes through. Once the commitment comes through, we expect it will take six or seven months to close the contract.
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