Oireachtas Joint and Select Committees

Thursday, 3 February 2022

Public Accounts Committee

Transport Infrastructure Ireland: Financial Statements 2020

9:30 am

Mr. Peter Walsh:

I have information and the project is going ahead. Regarding the uncertainty, the circumstances are unusual. It was a brand new NDP. The annual funding profile had not been clarified. Until we had clarity, we needed to be prudent. It ended up with us not being in a position to approve Cork County Council proceeding to tender with that N73 project. We did this out of caution. We will never leave a local authority stuck with a bill for a contract that we have approved. We do not want to incur cost for the civil engineering industry in tendering for a project with which we cannot proceed. At that time, with the uncertainty prevailing, we could not give approval. We got certainty later and we have profiled accordingly. We have given approval to Cork County Council to proceed this year with the tender for the N73.

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