Oireachtas Joint and Select Committees

Thursday, 6 December 2018

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Department of Communications, Climate Action and Environment
Chapter 8 - Measures relating to Cyber Security
Chapter 9 - Energy Efficiency National Fund

9:00 am

Mr. Ciarán Ó hÓbáin:

The contract means that one is signing up to the conditions for 25 years, so it is not a question of revisiting it during the period. Significant protections are built into the contract and those protections are needed whether there are one, two or three bidders in play at this point in time. They are obviously of greater importance now in order to give confidence to the public in terms of a single bidder situation. There is oversight in terms of the spend and there is clawback both in terms of the expenditure part of the programme and if this is a profitable business.

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