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

9:00 am

Photo of Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

Let us return to schools. According to this document prepared by the Parliamentary Budget Office, it quotes from a report saying:

The increasing level of unitary payments which arise on PPP projects [...] is an issue of concern for the Education budget, given the large unitary charge in the budget for 25 schools built using the PPP model capital. In 2016, for example, of the total Education capital expenditure of €704 million, €85 million, 12%, was allocated to PPP projects.

Will Mr. Ó Foghlú give us some clarification on this concern?

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