Oireachtas Joint and Select Committees

Wednesday, 22 May 2019

Joint Oireachtas Committee on Communications, Climate Action and Environment

National Broadband Plan: Discussion

Mr. Fergal Mulligan:

We have been asked this a couple of times but we do not want to be putting out more information. The bidder has been very clear, with good reason.

As there may be other projects or tenders in Ireland or other parts of the world in which they are interested, publishing everything to do with this tender could put them at a competitive disadvantage. Notwithstanding that, we have received a lot of advice from our corporate finance advisers on the rate of return within the tender. They have advised that it is commensurate with the risk in the project and is not very different to other public private partnership projects across Ireland and elsewhere.

The Deputy asked whether they will achieve 2%, 4% or even 10% but that is entirely dependent on how successful they are at designing, building and operating the network.

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