Oireachtas Joint and Select Committees

Thursday, 12 October 2017

Public Accounts Committee

Transport Infrastructure Ireland: Financial Statements 2016

9:00 am

Mr. Michael Nolan:

On the publication of reports, we will have to redact commercially sensitive information from those post-project reviews.

Second, on the refunds from local authorities, from year to year, if local authorities sell lands as was mentioned earlier, that money gets remitted back to TII because the money would have been provided by the State in the first place. If some expenditure does not accrue or the local authority's commitments in some way do not appear to be as large as originally envisaged, the money comes back to ourselves. We make provision, say, for something, and when we do the final settlement we find that there is money due back from the allocations. That money gets remitted back to ourselves. In the main, most of the land refunds have got to do with land acquisition and land disposal.

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