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
12:30 pm
Mr. Steven Burgess:
Perhaps but we do not require them and neither does the UK. The payment mechanism already has a performance element in it which sees a deduction being made for non-performance. It would be rubbing salt into the wound to require that and it would not constitute value for money to ask for it.