Results 3,301-3,320 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: The 2037 project is 15 years away. I miscounted. There is a significant period for all of them, with a minimum of ten years and a maximum of 30 years. This will be a recurring theme. We are now looking at climate change. An issue has been raised with regard to hauliers. The fact they are queueing at a barrier is not good for emissions. We would all accept that. We will maybe work with...
- 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.