Oireachtas Joint and Select Committees

Thursday, 12 July 2018

Public Accounts Committee

Business of Committee

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

We will note and publish that correspondence.

No. 1437 B is from Mr. Ger Casey, CEO, Grangegorman Development Agency, dated 27 June, regarding the Grangegorman public private partnership, PPP, project. Mr. Casey confirms that the financial close was achieved. The letter is about the cost overruns as a result of the delay. For the benefit of people watching, the preferred tender of the Grangegorman project was Eriugena Group. The second ranked tenderer initiated court proceedings challenging the authority's decision to appoint Eriugena as the preferred tenderer. The court case went on for some time and as a result of that, the matter is concluded. Section 4 of the reply deals with impact and costs. According to the CEO of the agency, that delay has added €45 million to the cost of the project. Work on the project has commenced but, according to Mr. Casey, final close of the project continues to represent value for money. We need clarification on that point. While a value for money exercise was done initially, we want to know if was it revisited as a result of the additional €45 million cost. That is the issue for this committee. We want to examine that process.

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