Cathal Crowe (Clare, Fianna Fail) | Oireachtas source

I, too, have heard this idea of a €200 million penalty fee to buy out the clause of the Limerick Tunnel Toll Plaza. I have heard that idea for many years. Recently, it was clarified for me that the penalty clause truly and accurately is the percentage estimate of what traffic would shift from the tunnel across to the new road if it was built. The amount has been calculated at around 7% of a shift across. That means the penalty fee then becomes in the region of €14 million versus €200 million.