Dáil Éireann Debate, Thursday - 19 July 2012
225 Deputy Mary Lou McDonald asked the Minister for Education and Skills if he will provide in tabular format a list of his Department's public private partnership projects in payment; the name of the project; the capital cost of the project; and the total projected amount of PPP repayments by Government for each project. [36682/12]
View answerMy Department currently has five active Public Private Partnerships in operation. These projects consist of two Higher Education projects, the National Maritime College of Ireland and the Cork School of Music. The other three PPP projects are bundles of schools as follows, Pilot Schools Project — completed in January, 2003: Largy College, Clones, Co. Monaghan, Maria Immaculata Community College, Dunmanway, Co. Cork, St. Attracta's Community School, Tubbercurry, Co. Sligo, Ballincollig Community School, Co. Cork, St. Caimin's Community School, Shannon, Co. Clare. Schools Bundle 1 Project — completed in October, 2010: Coláiste na Sionna, Banagher, Co. Offaly, Gallen Community School, Ferbane, Co. Offaly, Scoil Chriost Ri, Portlaoise, Co. Laois, St Mary's CBS, Portlaoise, Co. Laois. Schools Bundle 2 Project — completed October, 2011: Bantry Community College, Gaelscoil Bheanntrai, Kildare Town Community School, Abbeyfeale Community College, Athboy Community School, Wicklow Town Community College.
The total costs over the full life time of the projects are set out in the following table. These figures are VAT inclusive and indexed to inflation.
As well as entering into a contract to design, build and fund the projects, the private sector partner also has responsibility for the maintenance of the buildings and grounds over the life of the contract and to manage and pay for the facilities services such as cleaning and security over that period. Accordingly, the full contract cost comprises of loan repayments (capital and interest) for the project financing which covers design, construction and equipment, building and equipment life cycle funds and facilities management. The latter item includes maintenance, cleaning, salaries and sundry expenses.
|
Name of Project |
Duration of Project |
Total Capital Cost |
Contract Cost |
|
Maritime College Cork |
31/12/2003-31/12/2028 |
€65,723,607.24 |
€200,073,721.24 |
|
Cork School of Music |
31/12/2005-31/12/2031 |
€78,740,017.47 |
€229,340,214.47 |
|
PPP Pilot Schools |
31/12/2001-31/12/2007 |
€93,611,533.00 |
€283,325,924.00 |
|
PPP Schools Bundle 1 |
31/12/2009-31/12/2034 |
€84,720,000.00 |
€268,500,000.00 |
|
Schools Bundle 2 |
31/12/2010-31/12/2035 |
€110,514,000.00 |
€352,694,000.00 |
|
Total |
€433,309,157.71 |
€1,333,933,859.71 |
