Oireachtas Joint and Select Committees
Thursday, 5 November 2015
Public Accounts Committee
Annual Report and Appropriation Accounts of the Comptroller and Auditor General 2014
Vote 21: Prisons
Vote 24: Department of Justice and Equality
Chapter 9: Development of Prison Accommodation in Dublin
10:00 am
Mr. Noel Waters:
It was a PPP project which fell asunder at that point. The cost of financing it proved to be unsustainable. The Department and the Irish Prison Service went to the tenderers to ask them to make their best and final offer and they came back with a figure which had gone up by 30%, while the annuity charge went up from €52 million or €53 million to €70 million. It was still within public sector-----
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