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

12:20 pm

Mr. Gerard Cahillane:

Our test is a very mechanical test. We can only incorporate into the public sector benchmark what the private sector is going to provide and deliver. We cannot take into account ancillary costs or expenditures. Dublin City Council will have to incorporate all the expenditures arising in the project. The council keeps a full account of the total project cost.