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:
We will ask the National Development Finance Agency to come back with a note on it. The financing of PPP infrastructural projects will be at a higher cost than the sovereign rate of 4% that the Deputy mentioned. We will pay more for that money because of the inherent riskiness of the projects involved. I will come back to the Deputy on what the margin is.
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