As the Deputy is aware the recently published National Development Plan (NDP) provides for full Exchequer funding of €91 billion allocated for public capital investment over the period 2018 to 2027. This Exchequer investment will be supplemented with State-backed investment by commercial State-Owned Enterprises to generate a total 10-year investment programme estimated at €116 billion.
It is a stated requirement of the NDP that Departments must ensure that individual projects and investment proposals meet all of the relevant appraisal processes and value-for-money tests required under the Public Spending Code, before Exchequer resources are ultimately expended on the relevant projects. For each project with a capital value over €20 million - which clearly includes Metro Link - as part of the project's appraisal process, the National Development Finance Agency (NDFA) will be consulted to advise on both the optimal financing and appropriate procurement delivery models for the project.