Oireachtas Joint and Select Committees
Thursday, 3 February 2022
Public Accounts Committee
Transport Infrastructure Ireland: Financial Statements 2020
9:30 am
Imelda Munster (Louth, Sinn Fein)
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I will follow on with some questions around the PPPs and particularly the risk profile. Mr. Walsh advised that the risk related to toll income or road volume as well as construction costs that had been removed from the State and placed within those companies. What are the total potential unforeseen costs or losses of income that ended up being borne by these PPPs rather than by the State arising from the projects?