Oireachtas Joint and Select Committees
Wednesday, 15 January 2014
Public Accounts Committee
Oversight of Irish Water: Discussion
9:40 pm
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
My final question relates to the Department and this money. A figure of €150 million is how you have tabled it here, Mr. Tierney, under the various headings. The Department did a test as to whether it provided value for money. The regulator said "as far as was possible" - I cannot remember the line from the presentation. The €50 million has been paid, so what is your view on the rest of this money that must be paid? There is a contingency there for €30 million.
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