Oireachtas Joint and Select Committees
Wednesday, 28 June 2023
Joint Oireachtas Committee on Transport, Tourism and Sport
Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland
Mr. Robert Desmond:
As part of the procurement process, when these were tendered on day one, parties who were bidding to win the contract competitively would bid at a certain level of revenue share they would commit to return to the State should traffic reach certain levels. The winner, on a range of issues including on the financial aspects, would then commit in the contracts to returning that revenue share and this is now paying out.
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