Oireachtas Joint and Select Committees

Thursday, 3 October 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Superannuation and Retired Allowances
Vote 42 - Office of the Minister for Public Expenditure and Reform
Chapter 6 - Financial Commitments under Public Private Partnerships
Chapter 12 - Vote Accounting
Chapter 13 - Procurement without a Competitive Process

1:30 pm

Mr. Robert Watt:

The cost of funds is a certain number of basis points for the LIBOR rate. We can come back to the Deputy with the figures, as it depends on the arrangement at the financial closure of the projects. It is about 200 to 250 basis points above the finance rate.

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