Oireachtas Joint and Select Committees
Thursday, 13 June 2024
Public Accounts Committee
2022 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 13 - Office of Public Works
9:30 am
Marc Ó Cathasaigh (Waterford, Green Party) | Oireachtas source
I know, but I want to have a very simple understanding in this regard. I am aware of individual sites. I know many of the sites offered to the OPW were, you know, pig-in-a-poke stuff. The organisations concerned were wondering what they could offer to the OPW. They did not really want these houses to be constructed on certain sites, so the decision was taken to offer the OPW something on a floodplain, for example. I know all these factors.
The very simple understanding I am hoping to get here, however, concerns the fact that it is costing us roughly €350,000 to build each of these houses. I want to know what the current market evaluation of each unit is, because these units will, at some point in time, and relatively close in terms of the lifespans of these properties, become things traded on a market. I wish to ask a very simple question around value for money. Have we any market evaluation of these units? Is Mr. O'Connor giving me the long version of "I do not have a market valuation to tell you, Deputy"?
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