Dáil Éireann Debate, Wednesday - 7 May 2014
83. Deputy Jonathan O'Brien asked the Minister for Education and Skills the number of public private partnerships in which his Department is currently engaged; the companies involved; the value and purpose of each of the contracts; and the cost to the State of each venture. [20545/14]
View answerMy Department has in place six Public Private Partnerships contracts details of which are set out in the table. Separately my Department has a further three PPP projects that currently are at planning stage namely Schools Bundle 4, Schools Bundle 5 and Grangegorman. Contracts have not yet been executed for these latter projects.
The purpose and scope of the existing contracts entails designing, building, financing, operating and maintaining the educational facilities involved. The cost is spread over a 25 years period through inflation-linked unitary charge payments. It is consequently not possible to indicate precisely the total cost of these contracts over the course of their lifetimes or the ultimate value attached to the operation, maintenance and lifecycle elements of these contract. However contained in the following table are details of the cost of these contracts to date, as well as the estimated values of the remaining unitary charges on these projects.
Details of PPP Projects as at 1 st May 2014
|
PPP Project |
PPP Company |
Commencement Date |
Cost to Date |
Projected Remaining UC |
|
PPP Pilot Schools |
Schools Public/Private Partnership (Ireland) Ltd |
2003 |
€132,514,350.97 |
€174m |
|
National Maritime College |
Focus Education (NMC) Ltd |
2004 |
€91,196,911.30 |
€166m |
|
Cork School of Music |
CSM PPP Services Ltd |
2007 |
€63,296,997.40 |
€105m |
|
Schools Bundle 1 |
MPFI Schools Bundle 1 |
2010 |
€39,490,093.80 |
€226m |
|
Schools Bundle 2 |
Pymble Schools |
2011 |
€42,537,891.67 |
€310m |
|
Schools Bundle 3 |
BAM PPP Co. |
2013 |
€2,551,019.71 |
€400m |
