Oireachtas Joint and Select Committees

Thursday, 12 October 2017

Public Accounts Committee

Transport Infrastructure Ireland: Financial Statements 2016

9:00 am

Mr. Michael Kennedy:

There is no direct cost to TII or to the taxpayer in that regard. That only arises on two schemes - the Limerick tunnel and the Clonee-Kells scheme. However, in six of the other schemes, which includes the Waterford bypass project, the traffic risk lies solely with the PPP company.

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