Dáil Éireann Debate, Tuesday - 17 November 2020
119. Deputy Denis Naughten asked the Minister for Public Expenditure and Reform his plans to review the cost-benefit analysis for flood relief works to incorporate turlough flooding; and if he will make a statement on the matter. [36128/20]
View answer125. Deputy Denis Naughten asked the Minister for Public Expenditure and Reform his plans to include specific provision for turlough flooding in the cost-benefit analysis for flood relief works; and if he will make a statement on the matter. [36129/20]
View answerI propose to take Questions Nos. 119 and 125 together.
I am advised by my Office that it has commissioned a scoping report on options and recommendations, within the parameters of the Public Spending Code, for the future economic appraisal of investment in capital flood relief schemes. This scoping report will help to inform consideration by the OPW of the circumstances in which the traditional economic appraisal of cost benefit analysis, while still desirable may not, as currently calculated, reflect all benefits and may not be applicable in all locations and circumstances for the OPW’s future investment in flood relief schemes.
