Results 22,761-22,780 of 26,162 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: There are also the other tolls. It is not as straightforward as having them all come into public ownership in two or three years. This is a recurring issue. Where are public private partnerships as a model for further capital infrastructure projects?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: There are no tolls.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: They are PPPs.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: On TII's cost-benefit analysis and upfront costs of getting the roads built, as well as costs over the period, are PPPs an expensive model for the State?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: What if the State built them? What value ratio would TII typically apply?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: A discount rate.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: If TII is using a crude measure, in simple terms, it might look at the cost over a period, account for the discount to get the present value, and compare it with the cost of a build by the State. In the current environment, based on that model, is it more economical for the State to build it directly or to use PPPs?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: The PPP model is typically built around a borrowing debt model by PPPs. It is from a different perspective from what the State would do.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: That is typically higher.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: If a PPP is not a toll model, how is it funded? Is an income paid to the operator of the road over a period?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: When TII looks at projects, does it still compare PPPs with State building? Is that still an option?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: It is determined by Government.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: Ultimately, there is sign-off by the Minister for Transport and the Government. That is for schemes in excess of €100 million.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: Mr. Masterson is talking about the time after the State takes the roads over, whether there is a toll thereafter.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: We will do further work based on that discussion. A further six months could take care of much more. It is part of a wider discussion.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: Will Mr. Walsh revert to us with full clarity on that?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: The Senator might wish to raise this as a Commencement matter.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: The Senator has received further ammunition from this discussion, I have no doubt.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: It reverts to State ownership.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: We have agreed that we will do a body of work around it. All these PPPs will be coming back into State ownership over the next 30 years. We must address how exactly the State will approach dealing with that and the issues of tolls and climate change. The Senator is touching on something that we as a committee will look at in great depth.