Oireachtas Joint and Select Committees

Thursday, 15 December 2022

Public Accounts Committee

2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 13 - Office of Public Works
Chapter 8 - Contract payments in respect of Convention Centre Dublin

9:30 am

Mr. Maurice Buckley:

Before the current arbitration, we were working with the promoters to develop a business case. This has to be financed. It is certainly to the benefit of the group, which will require further subsidy from the Government to operate the centre, develop a business case, carry out a cost–benefit analysis and go through the public spending code. That process was under way in 2018 and 2019, but was never brought forward. At a particular point in time, the promoters decided "No" and took the arbitration route.

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