Oireachtas Joint and Select Committees

Thursday, 22 March 2018

Public Accounts Committee

2016 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 4 - Overview of Public Private Partnerships

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9:00 am

Mr. Gerard Cahillane:

The State always retains ownership of the site. We issue a licence to the PPP company to operate it. The company then gets paid by monthly instalments over 25 years, less deductions if the facilities are not available to the standards required.

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