Oireachtas Joint and Select Committees

Wednesday, 19 June 2024

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Public Private Partnerships: Discussion

1:30 pm

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

The State could contract out the development outfit to persons or companies who specialised in that particular area. The problem with what Deputy Boyd Barrett is talking about is the overheads. It is just the same as if you want to build a house. Do you employ the bricklayers on PAYE, for example, and have all the pension contributions and all that goes with it? The overheads multiply very rapidly and cost-benefit analysis will not stand up at all. I was a member of the local authority at the time it changed over and that is why it was changed. It was not workable.

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