Oireachtas Joint and Select Committees

Thursday, 12 October 2017

Public Accounts Committee

Transport Infrastructure Ireland: Financial Statements 2016

9:00 am

Mr. Michael Nolan:

Going back to the value for money concept, at the time of doing the environmental impact statement, EIS, and preliminary design on our schemes, we publish the cost-benefit analysis to determine that the scheme demonstrates value for money, that is, that the benefits will exceed the cost by a factor.