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

Mr. Seamus McCarthy:

In fact, the figure for international conference delegates, which is the key metric for performance for the national convention centre, was ahead of target in that period. It was not the case that if one was ahead of target; one had to be substantially ahead of target to generate a surplus. There is a space there for the private sector operator to generate a certain element of extra profit. It is when it becomes a super profit-----

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