Oireachtas Joint and Select Committees

Thursday, 28 March 2019

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed)

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

The following comes up at the PAC all the time. Given that there are payments over a 25-year period and a 25-year contract, how will the Department arrive at an internal rate of return or cost of money charged for that period? Who is advising on that? We have had differences between the Comptroller and Auditor General and NAMA as to how those types of figures are arrived at and what is appropriate. Has that been factored in?

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