Bobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

I welcome the TII officials and I compliment them on all their ongoing work on modernising the road network. Their predecessors in the NRA did fantastic work on the main arteries to our cities. Funding is the main problem and if we had enough money, there would be roads everywhere.

I would like to go back to PPPs. Is it true that where traffic volume predictions are not achieved such as on the Waterford bypass, as Deputy Cullinane mentioned, the taxpayer or TII have to compensate the PPP partner? If traffic volume is below the target set, the taxpayer must subsidise the investment by the private sector partner.