Oireachtas Joint and Select Committees

Thursday, 19 May 2022

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 11 - Office of Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Vote 39 - Office of Government Procurement
Vote 43 - Office of Government Chief Information Officer
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 4 - Vote Accounting and Budget Management

9:30 am

Mr. David Moloney:

Yes. It is certainly the case that public private partnerships, like any contract, need to have strong governance. The sponsoring Department needs to put in place strong governance and oversight of those projects. While we have had, broadly, success in relation to the public private partnerships we have delivered, it is noticeable no new PPP projects have been agreed since September 2015. One of the things we have now done to ensure greater visibility in the financial costs of public private partnerships is to include the full cost in the capital envelopes of the Department, which therefore has stronger incentives to put in place strong governance frameworks around those projects.