Oireachtas Joint and Select Committees

Thursday, 27 November 2025

Public Accounts Committee

Report of the Comptroller and Auditor General and Appropriation Accounts 2024
Vote 13 - Office of Public Works
Report on the Accounts of the Public Services 2024
Chapter 5 - Development of a Proposed National Science Centre
Chapter 6 - The OPW's Management of Office Accommodation

2:00 am

Mr. John Conlon:

As I said, we put a lot of focus on this in the last while. We were determined, and it has been our long-standing objective to reunify the estate. In terms of this particular transaction where we paid a strategic price on it, we put a lot of work into it in terms of professional valuations, what premium value we could consider and what we could arrive on and then how we could support all this with a robust business case. That was the focus of our work over the last four, five to six months. It was intensive work. We needed to do it right so we could satisfy the statutory requirements of our colleagues in the Department of public expenditure and reform, which were received. As I said, the State has in the past made strategic purchases of property and paid a premium value. We wanted to make that right, subject to that business analysis and business case, to make sure we were achieving value for money. We did that, and then we got the sanction and moved forward from there.

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