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Capital Expenditure.

Dáil Éireann Debate, Tuesday - 29 November 2005

Tuesday, 29 November 2005

Questions (322)

Richard Bruton

Question:

311 Mr. Bruton asked the Minister for Community, Rural and Gaeltacht Affairs the projects which have been subjected to detailed cost-benefit appraisal in the past six months; the benefit-cost ratio which emerged from this test; if he is satisfied that projects being selected not only pass this test but represent a better return than competing uses for the same limited funds; and the way in which this process influences the size of the capital envelope for different project areas. [37354/05]

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Written answers

As the Deputy will be aware, the guidelines for the appraisal and management of capital expenditure proposals in the public sector require that a detailed cost benefit appraisal be carried out in the case of projects costing in excess of €50 million. No such projects have arisen in my Department during the period referred to by the Deputy.

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