Richard Bruton (Dublin Bay North, Fine Gael) | Oireachtas source

Under the contract, if the bidder abandons or is unable to complete the project, the asset reverts to the State, so the State will own the asset in that situation. At that point should that happen, the State will have only paid for the fibre that has been rolled out at that point. We pay in arrears only on performance. At that point, should that occur we will have the value of the fibre and the connections that have been made. That will be an asset that can be used for any retail supplier to supply to those who will have been connected at that point.

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