Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The capital cost is €90.9 million. If that figure is compared with the subcontractors' figures and how much they have been stung by, there is a significant portion of that capital cost that the company has not paid for. Money may have gone to Sammon, but it did not get to the men and women who delivered the service. The capital cost of building these schools is €91 million and the cost of building and managing these schools is €264 million. How is that good value for money? At a time when money can be borrowed at interest rates of less than 1%, how can that be seen in any way as good value for money? My colleague, Senator Conway-Walsh, mentioned school bundle 3. The figures in that regard are €411 million that the company will get to manage these schools. The capital cost for school bundle 3 was €100 million.