Oireachtas Joint and Select Committees

Wednesday, 15 January 2014

Public Accounts Committee

Oversight of Irish Water: Discussion

7:00 pm

Mr. Paul McGowan:

I am happy to address that point. Typically, when we receive a submission from a utility it will identify in its view what is capital expenditure and what is operating expenditure. When we review it we will decide whether the expenditure is efficient and what amount we will allow and then we will determine whether we agree that the benefit is derived over a number of years.