Oireachtas Joint and Select Committees

Thursday, 9 March 2017

Joint Oireachtas Committee on Housing, Planning, Community and Local Government

Quarterly Progress Report Strategy for Rented Sector: Department of Housing, Planning, Community and Local Government

2:00 pm

Mr. John McCarthy:

We can, but what I am saying to the Deputy is that the design, build, finance and operate model has been used in other areas of public infrastructure such as schools, courthouses and such, and has been proved to be successful.

Ultimately, in determining whether this is going to be a successful model in this space, there is a process that has to be undertaken under the PPP guidelines put in place by the Department of Public Expenditure and Reform. It requires the preparation of what is called a public sector benchmark. One prepares a public sector benchmark, goes through the procurement process and then does a comparison between the two at the end. It either stacks up or it does not. Ultimately, the proof of the pudding will be in that exercise. There is a very rigorous in-built process to ensure that it does deliver value for money by comparison with the public sector benchmark.

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