Oireachtas Joint and Select Committees

Thursday, 27 January 2022

Public Accounts Committee

National Transport Authority: Financial Statements 2020

9:30 am

Mr. Hugh Creegan:

First, “preliminary business case” is the term that is used. This does not mean that it is a superficial business case. It is a detailed one. However, the term that is used in the public spending code is “preliminary business case”.

On the Deputy's question as to whether the money is excessive, the short answer is "No". These are enormous projects on an international scale. This is the level of money and investment that is needed at this stage. All experience around the world has shown that if one does not invest properly into working through the design at the beginning, then one will suffer with issues during the construction stage. The wisest euro one will spend is at the planning and the design stage, rather than picking up the problem later on. We have all the controls in place, such as those relating to competitive tendering, etc., to make sure that we are getting value for money and so forth. This is the scale of investment needed for large projects in order to bring them-----

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