Oireachtas Joint and Select Committees

Wednesday, 22 March 2017

Committee on Budgetary Oversight

Review of the Capital Plan: Transport Infrastructure Ireland

2:00 pm

Mr. Nigel O'Neill:

The Deputy is referring to the Department of Public Expenditure and Reform's investment policy framework for PPPs, which mandates that the annual aggregate cost of all expenditure on PPP projects will not exceed 10% of the overall aggregate capital allocation available to the Government in any individual year. In the area of national roads, we have quite a few PPPs. We have delivered 14 PPPs to date, including the three currently under construction.

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