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

I understand where Mr. Ó Foghlú is coming from and that there is a policy here. I understand that the EU has put us in a situation with fiscal rules that things have to be shown off balance sheet and all sorts of magical accountancy rules that do not seem to be applied to direct public housing. However, if one is using a PPP, what is the cost of the school? What is paid to the private company over the 25 years?

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