Oireachtas Joint and Select Committees

Tuesday, 31 May 2016

Committee on Housing and Homelessness

National Treasury Management Agency and Department of Finance

10:30 am

Mr. Conor O'Kelly:

They are completion dates. Those houses will be ready for somebody to move into in 2019 and 2020.

That is the first bundle. There are three bundles of 500 and the first bundle has gone through. Neither of the other bundles has even started yet. The issue is the identification of clean sites from the local authorities. One has to have clean title and the identification of both sides to go into the vehicle that ultimately gets the private capital. That is a constraint. In general, though, while PPPs look slow, it is the public procurement side of that that is the slow part.

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