Oireachtas Joint and Select Committees

Thursday, 10 February 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Environment, Climate and Communications
National Broadband Plan Expenditure and Related Matters

9:30 am

Mr. Fergal Mulligan:

Your first port of call might be to step in, if it was in trouble. That is where "step in" means. Your first port of call is to try and sort it out without terminating it if the business seems to be going off track. That is the first port of call, and then you can step out if the business recovers. In the worst case scenario, if you have to terminate, in the event of a termination the Minister has the option to either take over the assets or the business or both, so it all comes back to the State.

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