Oireachtas Joint and Select Committees

Thursday, 13 October 2022

Public Accounts Committee

Business of Committee

9:30 am

Mr. Seamus McCarthy:

As I understand it, it has been agreed that at the end of the lease, there will be a period where no rent or a peppercorn rent will be paid. That, effectively, is the offset for the overmeasurement. The OPW will continue to pay under the existing lease terms and at the end of that it can stay on longer in the building at a peppercorn rent for a period.

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