Oireachtas Joint and Select Committees
Thursday, 28 January 2016
Public Accounts Committee
2014 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Energy and Natural Resources
Chapter 13 - The Development of Eircode, the National Postcode System
10:00 am
Mr. Mark Griffin:
There is a potential payback once the level of profits hits a particular level. There is a profit share mechanism built into the contract and that was set out in the Comptroller and Auditor General's report. There is a mechanism for a clawback by the State. That is described in figure 13.5 of the comptroller's report.
No comments