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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)

Regina Doherty: When you look at the contract that would be negotiated, and I will take the M50 for argument's sake, over the 40 years or 50 years of the contract, the increased financial charges, the CPI, the cost of wage increases and, obviously, construction and operational costs are built in. Is the profit for the private partners built in?

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

Regina Doherty: It was suggested earlier that the overall revenue from tolls for TII was €8 million. Are we suggesting that the M50 turns over €8 million or less than that-----

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

Regina Doherty: TII does not get a share of the revenue. It gets a share of the profits.

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

Regina Doherty: I am only a driver so I am not looking into the technicality of it but it very much looks like the contracts were constructed in favour of the private partnership as opposed to the general public - not necessarily the taxpayer. Can I ask two more questions because we could go round in circles about money? Has TII ever looked at more tolls on the M50 and reducing the cost of journeys for...

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

Regina Doherty: To be fair, the people who are still spending €40 or €50 per week on the M50 some 30 years after it was built and a long time after the State bought it, would question where the benefit for them is. They are not interested in spending money to build the Macroom bypass. They live along the M50 and wanted the benefits of a road that has been paid for. That is all I am...

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

Regina Doherty: It is not a criticism of TII. I do not mean it in that way.

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

Regina Doherty: The problem here is that in this equation, nobody is fighting for Joe driver. That is the problem.

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

Regina Doherty: The Cabinet certainly is not and neither is TII.

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

Regina Doherty: May I ask a question? I misunderstood Mr. Walsh earlier on with regard to revenue sharing as opposed to profit sharing. Will he tell me what the €8 million he referred to earlier was?

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

Regina Doherty: This €8 million is the total TII gets from the seven PPPs in the country, the eighth now being back in State control.

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

Regina Doherty: I hope the witnesses will excuse my ignorance because I really feel thick now. Mr. Desmond says there are only two schemes now generating revenue but each of the eight roads has a toll so they must be generating revenue.

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

Regina Doherty: The revenue share is a percentage of the revenue and not the revenue itself.

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

Regina Doherty: That is not what Mr. Walsh said earlier on.

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

Regina Doherty: It is now part of the contractual agreement between the PPP company and the public. We have now determined what the revenue share is going to be, which is over and above the------

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

Regina Doherty: I could not understand what the €8 million was. I am not suggesting Mr. Walsh was misleading me. I am just teasing it out. How much of the overall contract, as a percentage, is the revenue share? How does that compare to the profit share?

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

Regina Doherty: I am sorry.

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

Regina Doherty: What percentage of the revenue from the M3 would be acceptable? What does Transport Infrastructure Ireland get?

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

Regina Doherty: Is TII not getting any revenue from the M3 right now?

Seanad: Address to Seanad Éireann by H.E. Maura Healey, Governor of the Commonwealth of Massachusetts (27 Jun 2023)

Regina Doherty: I thank Governor Healey for an inspiring speech. Like so many Americans, she has made the trip back home to Ireland. They have pulled back to where their parents, grandparents and great-grandparents were born and raised, visit our small, little towns and villages, and reconnect with family who, in many cases, people only ever heard of through stories from their relatives. It is probably...

Seanad: Offences Against the State (Amendment) Act 1998 and Criminal Justice (Amendment) Act 2009: Motions (27 Jun 2023)

Regina Doherty: I move: That Seanad Éireann resolves that section 8 of the Criminal Justice (Amendment) Act 2009 (No. 32 of 2009) shall continue in operation for the period beginning on 30th June, 2023 and ending on 29th June, 2024.”

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