Oireachtas Joint and Select Committees

Thursday, 10 October 2024

Public Accounts Committee

Financial Statements 2023: Land Development Agency

9:30 am

Mr. John Coleman:

Where it had got to a level, we were satisfied with the quality that was there. There was a financing difficulty. We stepped in and got very good value, as a result of that, let us say, vulnerability. Now the scheme is built out and is being fully let at the moment. It is a well-built scheme. Generally speaking, we look to get in earlier on schemes before construction but we will step in where, if we did not, they would not get delivered otherwise.

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