Oireachtas Joint and Select Committees

Thursday, 6 April 2017

Public Accounts Committee

Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015

9:00 am

Professor Brian Norton:

The Deputy is correct to say that the property has been sold. Unfortunately, construction costs also increase so the effect in that regard is quite neutral.

In terms of overall financial controls - colleagues may want to go into the detail of this if the Deputy wishes them to do so - cost-benefit analyses, public sector benchmarks, etc., are used to ensure that, from a macroeconomic point of view, this is the project to be doing and at the level of cost control, we have groups within both the Grangegorman Development Agency, GDA, and DIT that monitor this intensely on a very frequent basis.

In terms of where we are, at this point we would have 1,200 students at Grangegorman and approximately 200 colleagues. This summer, the Luas will be coming through near our entrance - at Constitution Hill - and this will make the campus much more accessible. That is an important step forward in the overall planning. In September 2019, we hope to complete what are called the central and east quads, which will bring together in that area a range of activities currently in Kevin Street, Cathal Brugha Street and a number of other locations, some 10,000 students, all the accompanying colleagues, etc. As we speak, we are on track to achieve that. I do not know if colleagues want to add anything.

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