Oireachtas Joint and Select Committees
Wednesday, 19 June 2019
Joint Oireachtas Committee on Communications, Climate Action and Environment
National Broadband Plan: Discussion (Resumed)
Professor Eoin Reeves:
Risk transfer, which is essentially optimal risk sharing. That would involve transferring more risks to the private sector than would occur under a traditional procurement process or a State-owned enterprise. Optimal risk sharing is a very strong advantage of PPP if it is done right, in that one cannot transfer too much or too little. It is a stick-and-carrot situation. It is an incentive mechanism.