Oireachtas Joint and Select Committees
Thursday, 13 June 2019
Joint Oireachtas Committee on Communications, Climate Action and Environment
National Broadband Plan: Discussion (Resumed)
Brian Stanley (Laois, Sinn Fein) | Oireachtas source
I will move on. Regarding PwC's final cost-benefit analysis submission to the Department, it stated: "costs to the state have also increased as the subsidy is now more front loaded". That is surely the case. The first sight we had of any of this was about two or three weeks ago. It is certainly the case that the taxpayer's contribution is front-loaded. The taxpayer is coughing up a lot of money, and fairly quickly. Has PwC factored into its cost-benefit analysis the potential for losses the State could incur if the project did not work out as planned and that the taxpayer, as opposed to the investor, might carry that risk in the early years?
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