Oireachtas Joint and Select Committees

Thursday, 12 October 2017

Public Accounts Committee

Transport Infrastructure Ireland: Financial Statements 2016

9:00 am

Mr. Seamus McCarthy:

In the chapter on public private partnerships we took the most recent information, to the end of 2016, from the Department of Public Expenditure and Reform website, where the Department publishes costs. It is projected that the total costs of all the PPP payments involved in M3 Clonee will be of the order of €706 million. That does not include any further traffic guarantee payments - they have not been built into the projection.

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