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 is written on the basis that the subsidy that is sought on day one is the subsidy to which one is entitled. If the bidder came looking for additional subsidy the State would have rights to take back the business. It is very much set on the basis of a 25 year contract being entered into and at the outset one sets down the maximum cost to the State for the contract. As one moves through it, there are protections for the State to ensure there is clawback to the State in appropriate circumstances.

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