Oireachtas Joint and Select Committees
Thursday, 23 March 2017
Public Accounts Committee
2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 26 - Education and Skills
9:00 am
Mr. Seán Ó Foghlú:
To answer the second question first, the company is to return the building to us in the state in which it was built. On the first question, we initially do a public sector benchmark and aim to review PPPs for a number of years afterwards on a rolling basis, to determine if they provide value for money. We cannot fully complete the review until the 25-year process is finished but we start reviewing the effectiveness of each PPP after approximately ten years. I do not believe that is done elsewhere and we are seeking to be the first public sector body to do it.
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