Oireachtas Joint and Select Committees
Thursday, 30 January 2014
Public Accounts Committee
2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Land Swap Arrangement in the Provision of Affordable Houses
Vote 13 - Office of Public Works
11:00 am
Ms Geraldine Tallon:
I would have to acknowledge that where this left the State was paying full price for the affordable houses. The fundamental relationship is not between the cost of the award and the original value of the site. The fundamental relationship is between the cost of the award and the discounts given previously by the developer.