Oireachtas Joint and Select Committees

Thursday, 12 October 2017

Public Accounts Committee

Transport Infrastructure Ireland: Financial Statements 2016

9:00 am

Mr. Michael Kennedy:

I will try to get this right. The issue is that they are long-term contracts. One does not look at traffic volumes on a road on a year-to-year basis but over a 30-year horizon. On whether targets are being met, in most cases, given the recession, there was an underperformance for several years.

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