Results 6,681-6,700 of 34,663 for speaker:Seán Fleming

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: What is very important?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: Yes.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: Who did the cost-benefit analysis?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: KPMG did the value for money report?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: What was the difference between the two reports?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: All right.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: The Department is not there yet on the value for money aspect.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: Let us say a contract is signed and a figure is given for 543,000 houses.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: The Department will divide the price in the contract by the number of houses-----

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: -----and it will have a figure that it thinks represents value for money.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: If the figures are way above that, somebody might say that does not represent value for money.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: Okay.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: The following comes up at the PAC all the time. Given that there are payments over a 25-year period and a 25-year contract, how will the Department arrive at an internal rate of return or cost of money charged for that period? Who is advising on that? We have had differences between the Comptroller and Auditor General and NAMA as to how those types of figures are arrived at and what is...

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: Will the cost for that be included?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: Yes.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: We spoke earlier about the technical and financial ability and so on. The witnesses said that all the people dealing with this have done projects in America, Spain and all over the world and are highly skilled. They know the finances and technical issues and have done this in big countries. My worry is that if all that financial and technical ability is on their side of the table, it is...

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: Does the State have an equivalent level of experience, and I am not talking about technical knowledge, to match that on the other side of the table?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: Let us move on to after the contract is signed. I assume that whatever price subsidy is in the contract will be the price on the day that the contract is signed. We know that construction inflation is added in to any construction contract and there will be construction involved in getting this network up over a couple of years. There may be some delays, perhaps for regulatory reasons or...

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: I return to the map. We are discussing the large amber area. Will Mr. Griffin explain that in layman's terms for the benefit of the public.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
Broadband Service Provision: Discussion (Resumed) (28 Mar 2019)

Seán Fleming: A figure of 757,000 premises was set about two years ago and now stands at approximately 540,000. Have there been any changes in those two years which will be in effect in when the contract is signed, possibly some time this year?