Oireachtas Joint and Select Committees
Thursday, 3 October 2013
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Superannuation and Retired Allowances
Vote 42 - Office of the Minister for Public Expenditure and Reform
Chapter 6 - Financial Commitments under Public Private Partnerships
Chapter 12 - Vote Accounting
Chapter 13 - Procurement without a Competitive Process
12:30 pm
Mr. Robert Watt:
For new road public private partnerships, demand risk is not transferred to the private operator. I believe it is availability risk that is transferred. That may be a function of learning lessons from some of the contracts into which we entered or from the market. There are many different ways of looking at the matter and I do not wish to get into different projects.