Oireachtas Joint and Select Committees
Wednesday, 22 May 2019
Joint Oireachtas Committee on Communications, Climate Action and Environment
National Broadband Plan: Discussion
Mr. Tom McCormack:
The central scenario considers the cost without the contingent subsidy or additional associated costs. The scope of the project does not change so the benefits remain the same except that, in the central case, we are saying there will be a figure of €2.1 billion, excluding VAT, as Mr. Mulligan alluded to. The other scenario includes the additional cost, the €480 million. When this is factored in, one gets a central scenario of 1.3:1 and the pessimistic scenario is 1.15:1. The additional costs are included as contingency. There is a differentiation between the two points.
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