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
Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source
I ask Mr. Watt to send it to the Committee of Public Accounts because it is important to see how the Department of Public Expenditure and Reform is following up on matters. Will he also come back to us on the €4 billion outstanding on PPP projects? I see the commitments for some school projects assume an inflation rate of 4%, while others assume an inflation rate of 2.5%. If the inflation rate is lower than what is built into the contract, is that another cost to the taxpayer? What is the inflation rate for each of the 38 projects?
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