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Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: When the Limerick road sank-----

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: Is it profit rather than the revenue?

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: Their profits?

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: Revenue is much higher but-----

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: The contracts are not of indefinite duration but there is potential for the tolls to keep going afterwards.

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: That was the case with the toll on the East-Link Bridge, was it not? Does that bridge not now belong to Dublin City Council?

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: That bridge is long paid off but the council just keeps the revenue.

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: You either know or you do not know. The East-Link Toll Bridge has been paid off and the city council gets the revenue.

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: We do not know what the percentage share is.

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: I am sure the Senator is not making a charge on anybody.

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: I will start my questioning, if that is all right.

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: I will start by continuing on the Senator's point.

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: What would be the right term?

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: It is not a 50:50 share, however. The TII might be getting 5%, 2% or 1%.

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: Will the witnesses explain to those watching and to ourselves the nature of a revenue-sharing model? I appreciate there are lots of different schemes but how would Mr. Desmond explain what happens?

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: Is that typically 5%, 25%, 40%, or 1%?

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: It is not in our briefing document.

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: It is not in the 113 pages.

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: Was there a time when it was the opposite? There was a time when we were, effectively, subsidising roads that did not generate the level of traffic that was anticipated. Is that correct?

Joint Oireachtas Committee on Transport, Tourism and Sport: Toll Increases and Ongoing Projects: Discussion with Transport Infrastructure Ireland (28 Jun 2023)

Gerry Horkan: Is this because the level of traffic has now got to the level it should have go to?

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