Oireachtas Joint and Select Committees

Thursday, 8 March 2018

Public Accounts Committee

Vote 34: Housing, Planning, Community and Local Government

9:00 am

Photo of Jonathan O'BrienJonathan O'Brien (Cork North Central, Sinn Fein) | Oireachtas source

The majority of PPPs are not in housing. They are primarily in education and roads, although maybe not so much in roads nowadays. There are still a number of housing PPPs, perhaps on the regeneration side and house building. One of the issues I have with PPPs is that we are unable to get any cost-benefit analysis of PPPs so we do not know if we are getting value for money. It is an issue the IMF has raised. It has flagged concerns about it. How do we know we are getting value for money for PPPs if we cannot get access to cost-benefit analysis? Every time I have raised the issue with the Minister for Finance I am told that commercial sensitivities prevent him from providing it. Other countries can have cost-benefit analysis but we cannot. Will the Comptroller and Auditor General comment on it?

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