Dáil debates

Wednesday, 25 March 2009

1:00 pm

Photo of Batt O'KeeffeBatt O'Keeffe (Cork North West, Fianna Fail)

I am rather surprised at Deputy Quinn. As a former Minister for Finance, he will understand that sometimes commercially sensitive information must be kept from the public view. The important point is whether we got value for money and whether the PPP projects now in place are giving value for money. There is a public sector benchmark which provides a key measure for my Department and the NTMA to test the extent to which bids are good value for the State. In the case of the schools bundle 1, the final tender amount, inclusive of interest, remained below my Department's public sector benchmark. The Department and I are well satisfied that we have got good value for money.

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