John Perry (Sligo-North Leitrim, Fine Gael)
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Is it a tax write-off or is it a depreciation allowance? In effect, is the investment funded by the State? When one takes account of the depreciation allowance, plus the allowance of 4.2%, in addition to the margin of 2.43%, it is a massive return based on the initial contract. We need to consider that at the time the contract was awarded none of the others who had submitted tenders had carried out sensitivity evaluations.