Oireachtas Joint and Select Committees
Thursday, 6 December 2012
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
Chapter 16 - Central Government Funding of Local Authorities
11:40 am
Ms Maria McLoughlin:
The Department of Public Expenditure and Reform, previously the Department of Finance, has been responsible for putting in place the guidelines and rules for the public private partnership process. As part of that, there is a requirement for a number of value for money tests to be conducted at different stages of the projects. Value for money is a factor in the consideration of all projects.