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:
It is not a penalty because no money has been paid to the PPP company yet for the contract. It is incentivised to deliver these things as soon as possible. It is significantly behind the delivery schedule and has, therefore, forgone several million euro in unitary payments already.
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