Oireachtas Joint and Select Committees
Thursday, 5 July 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Contractual Arrangements for Public Sector Infrastructural Projects: Discussion
9:30 am
Mr. Mick Miley:
No. There is a principal figure of €100 million for a bundle of five schools, including building, construction and development. The repayments - what one can describe as hire purchase - over the next 25 years are that the State will pay €10 million annually for 25 years; hence the figure of €250 million.
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