Oireachtas Joint and Select Committees
Thursday, 13 December 2012
Public Accounts Committee
2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011
11:10 am
Ms Marie McLaughlin:
Obviously, we will speak with the Department. However, this figure would be based on the appraisal done on the projects before they commenced. There would have been value-for-money tests and assessments of the costs the projects would incur. Those figures would have been based on these assessments. The basis that they went ahead was that they did represent value for money when tested against the public sector benchmark.