Results 3,281-3,300 of 26,014 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: Based on traffic volumes?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: No. If the traffic reaches a certain level, a profit-sharing mechanism kicks in. If that level is not reached, nothing is paid to TII. That is based on the contracts.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: I now call Deputy Ó Murchú, who has ten minutes.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: Will Deputy Ó Murchú repeat the question?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: It is a pity that it will clash with our committee meeting this evening.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: Are those standard and are they done every year?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: That information is being missed. There is a standard every year under the contracts.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: Was that in August?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: Was this based on the CSO?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: Am I correct in my interpretation that the TII's priority with tunnels is to ensure that they do not get clogged? Therefore, the barriers are a mechanism to ensure that, in an emergency situation, a tunnel is not backed up with vehicles. Is that the case, in layman's terms?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: I will ask a question before I go to non-members of the committee. I looked at the by-laws for all the toll contracts. How long do those contracts last? There is normally a review period for contracts to consider them. I see that under legislation the TII is entitled to review toll contracts but it is a process. To date, has the TII reviewed any contracts? How long do these contracts...
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: Okay.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: Sorry.
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: I will quickly list the existing contracts. We have the M1, the M7, the M8, the M6, the N25, the N18, which is the Limerick tunnel, the M3 and the M4. They are all PPPs. My understanding is that the funding model of a PPP is typically based on it putting up the money and building the road. It is a design and build arrangement, in effect. The TII then comes with a model that, in some...
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: On day one, under the by-law. When the contracts come to their end-of-life period, does the road then automatically revert to State ownership under TII?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: Was the M50 originally a PPP or was it built by the State?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: When will that come back into public ownership?
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: Of the other schemes, when do the M1 and other roads come back into public ownership? At that stage, as they will be under TII, it will have absolute discretion on what it charges, as it has in respect of the M50. Senator Horkan made a very common-sense point. There is quite a significant difference between the rate TII charges for the tag and that for unregistered vehicles. The M4 and...
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: That is in ten years' time. The M1 Dundalk road will come back into public ownership in 2034, which is 11 years' time. The M8 will be publicly owned in 11 years' time, the N25 Waterford road will be in public ownership in 2036, which is 14 years' time-----
- Joint Oireachtas Committee on Transport, Tourism and Sport: Motorway Toll Charges: Transport Infrastructure Ireland (29 Nov 2022)
Kieran O'Donnell: It is 2036. The N18 Limerick tunnel will come back into public ownership in 2041, which is 19 years away, the M3 to Clonee will be in 2052, which is 30 years away, the M6 will be in 2037, which is 25 years away, and the M7 and M8 will be in 2037. We are talking about substantial periods, of ten years or more, before these come back into public ownership.