Oireachtas Joint and Select Committees

Thursday, 26 July 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Public Private Partnerships - Liquidation of the Carillion Group: National Development Finance Agency and the Department of Public Expenditure and Reform

11:00 am

Mr. David Corrigan:

In this process, the building control authority is validating the certification. It is the statutory body appointed to validate the certification process. One of the benefits of PPP contracts is that if there are any issues with any part of the building after the fact, be it inside or outside the building control regulations, small or large, the parties responsible and liable for resolving them will still be here. They will be here for 25 years and there are very stiff penalties and deductions from their repayments if they do not remedy something that is wrong.

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