Oireachtas Joint and Select Committees

Wednesday, 30 September 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Estimates for Public Services 2015: Vote 13 - Office of Public Works

2:00 pm

Photo of Aideen HaydenAideen Hayden (Labour)
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This question may not be appropriate. The Chairman can direct me. Ms McGrath mentioned a number of indicators in relation to flood works as to what constituted output, and she mentioned additional properties that would benefit, the cumulative number of properties, the value of the benefit to the properties and the cumulative value of the benefit to the properties. When one measures the value of the benefit to the properties, a consideration the committee looked at with Mr. Smith was the fact that some of the value of the benefit to properties in terms of flood prevention works did not give a value to the property that received that benefit in terms of its insurability. There was a gap between the works being done and their recognition in terms of the householder or individual beneficiary. It was not being reflected in lower premiums to households. In fact, there were households where significant works had been done by the OPW flood programme where no benefit was achieved at all and they were simply uninsurable. When the OPW looks at the value of individual benefit to properties, does it take this into account in terms of the wider public interest?