Dáil debates

Thursday, 20 June 2013

Other Questions

Public Private Partnerships Cost

6:35 pm

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

-----my third time to stand up without getting an exact answer. I understand this is potentially commercially sensitive but to the extent that it is possible, will the NDFA supply a briefing note as to how its advice came about? I know of companies that lost much money on previous PPP arrangements having gone as far as being the preferred bidder. They had gone through the final planning stage at their own cost before the bottom fell out of the market and the projects did not proceed. They did not get a cancellation fee despite speaking to the Office of Public Works and different people who were involved.

The Minister has indicated there are two issues, with one being a cancellation fee. I understand this is for people who have travelled a road but will the Minister address the preferred bidder issue? A cancellation fee could be higher in some respects, and when one narrows the selection to a preferred bidder and the project is into outline or detailed planning and specification, the costs can mount for them. Will the NDFA provide further information to give us more of an understanding of the issue? Will there be an element of retrospection or will this only apply to new projects?

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