Oireachtas Joint and Select Committees

Tuesday, 28 March 2017

Committee on Budgetary Oversight

Review of the Capital Plan: Construction Industry Federation

4:00 pm

Mr. Pat Lucey:

We could move things quite quickly but an unfortunate negative with PPPs is that financial modelling and third party equities add to the duration of delivery. PPPs should be used appropriately. We would advise that they be used for projects further down the line where we would have the time to get value out of them. To restart a pipeline quickly one needs to go down more traditional routes and enhance them with early contractor involvement.

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