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:
It will be the same monthly instalment but payment is subject to deductions to the extent that the facilities are not available or the services are not provided. If there are faults in the system, that will be picked up and the providers will not get paid. That puts pressure on the PPP company to quickly rectify any defects in the building.