Oireachtas Joint and Select Committees

Thursday, 12 October 2017

Public Accounts Committee

Transport Infrastructure Ireland: Financial Statements 2016

9:00 am

Mr. Nigel O'Neill:

Yes. We have the toll income we receive on the M50 and the costs we have under the broad category of "M50". We have the National Toll Roads buy-out of €52 million per annum. There was the upgrade of the M50 which was completed in 2010. That is an availability PPP and the availability payment is €25 million per annum. We also have the Dublin Port tunnel, which is part of the toll income we receive and this cost is included in the €137 million figure. We have costs of €21 million per annum, a figure that includes the operation and maintenance of the Dublin Port tunnel and Jack Lynch tunnel in Cork because the control centre in the Dublin tunnel also has oversight of the Cork facility. We also have a motorway traffic control centre located in the Dublin tunnel control building and its costs are included in the €21 million figure.