Oireachtas Joint and Select Committees
Tuesday, 3 July 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Role and Operation of National Development Finance Agency: Discussion
1:30 pm
Mr. Gerard Cahillane:
The PPP company is incentivised to ensure this is done to the correct standard, or else it would not get paid. If we subsequently find defects in the building, there are deductions and the company will not get paid. We have confidence in the contract and that the company will comply with all the regulatory requirements. Otherwise, the company knows it is building a problem for the future.