Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source

The recent report from the European Court of Auditors published on 20 March raises a huge number of concerns about the value for money regarding PPPs. Of the three projects in Ireland, one would be termed a PPP but I am at a loss to understand the reason for that because it was not completed. "NA" is in all the boxes in the tabular format; they do not seem to reference it much. In terms of the general points, however, the report indicates there are massive risks in terms of competition in the tendering process for PPS and that there is a potential exposure to the State. Would Mr. Watt agree with that?