Oireachtas Joint and Select Committees
Thursday, 7 February 2013
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 32 - Department of Transport, Tourism and Sport
Chapter 6 - Financial Commitments Under Public Private Partnerships
Chapter 26 - Collection of Motor Taxation
Financial Statements 2011 - National Roads Authority
12:20 pm
Mr. Fred Barry:
The report does not have the monetary figures but we will get them and submit them to the Chairman. The report notes, however, that based on 2.5% growth, we will continue to make traffic guarantee payments to the Clonee-Kells PPP company until 2025. On a similar basis the projected traffic levels using the Limerick tunnel will not reach the guaranteed traffic levels and the State will make payments to the PPP company for the duration of the contract.