Oireachtas Joint and Select Committees
Wednesday, 15 January 2014
Public Accounts Committee
Oversight of Irish Water: Discussion
9:30 pm
Mr. Paul McGowan:
We have not made any decisions in respect of that. Typically, when we set a revenue control for a public utility there will always be areas where there is a performance level that is not as good as it needs to be by, perhaps, international benchmarking or comparison. What we do then is put in place incentives within the revenue control which ensure that the utility will make targeted investments in order to reduce-----