Tuesday, 23 July 2019

Questions (324)

Louise O'Reilly

Question:

324. Deputy Louise O'Reilly asked the Minister for Education and Skills the party that has taken on the risk in the public private partnership for the development of the Technological University of Dublin being built on the grounds of St. Brendan’s Hospital, Grangegorman. [33312/19]

View answer

Written answers (Question to Education)

Design risk, construction risk, financing risk and operating risk have been transferred to the private partner in the context of the Grangegorman PPP.  This detail of this is set out in the contractual arrangements.  The private partner is the Eriugena consortium, which includes Macquarie Capital Group, John Sisk & Son (Holdings) Limited, FCC Construction Ireland Ltd., and Sodexo Ireland Limited.

The public side retained the planning risk on the project, which was mitigated through Strategic Development Zone (SDZ) planning designation.