Written answers

Thursday, 11 July 2019

Department of Transport, Tourism and Sport

Rail Network

Photo of Marc MacSharryMarc MacSharry (Sligo-Leitrim, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

797. To ask the Minister for Transport, Tourism and Sport the amount of funding allocated to the infrastructure manager multi-annual contract in each year since 2002. [30720/19]

Photo of Shane RossShane Ross (Dublin Rathdown, Independent)
Link to this: Individually | In context | Oireachtas source

As the Deputy is aware, the IMMAC (Infrastructure Manager Multi-Annual Contract) provides the funding framework for the maintenance and renewal of our railway infrastructure and is a requirement under both EU and Irish legislation.

It is a contractual agreement between the Minister for Transport, Tourism and Sport and Iarnród Éireann, in its designated role as Infrastructure Manager of the railway and the first agreement was concluded in 2014.

The IMMAC is funded through two principal sources -

1. a direct Exchequer contribution, which is managed by my Department, and

2. access charges which must be paid by all railway undertakings that make use of the railway infrastructure in accordance with EU and Irish law.

The European Union (Regulation of Railways) Regulations 2015 stipulate that the Commission for Rail Regulation is the independent monitoring body responsible for monitoring the performance of the Infrastructure Manager in relation to its contractual obligations.

IMMAC expenditure levels, including the annual Exchequer contribution, in each year since its commencement in 2014 are provided as follows:

20142015201620172018
Total IMMAC Expenditure€191.2m€205.3m €213.4m €254.9m €247.8m
Exchequer contribution€140.5m€144.2m€134m€158.8m€160m

While a new IMMAC is currently being finalised to provide for the next multi-annual period to 2023, I can inform the Deputy that the increases I secured in Budget 2019 mean that the Exchequer contribution will increase this year to approximately €200 million with total expenditure forecast to be approximately €281million.

I can also inform the Deputy that the steady state funding requirement (as measured on an annualised basis) is now met for 2019 and that represents significant, and very welcome, progress in terms of the overall funding of the network.

As part of the finalisation of the new IMMAC 2019 to 2023, a review has been undertaken in relation to the last contractual period (2014 to 2018) and a report is being finalised. The report will provide an overview of all expenditure, outputs and outcomes over the contractual period, and it will be published.

Comments

No comments

Log in or join to post a public comment.