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. Gerard Cahillane:
The State has paid between €3 million and €4 million in respect of off-site works to the PPP company. In terms of the main contract, to which the Chairman referred, the State has paid zero to date and cannot pay until the facilities are delivered. It then pays in monthly instalments over the next 25 years.
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