Dáil Éireann Debate, Tuesday - 21 March 2023
1005. Deputy Matt Shanahan asked the Minister for Further and Higher Education, Research, Innovation and Science if his Department carries out any economic or value for money evaluation in respect of the annual €1 million bill for the two Cork PPP projects; and if he will make a statement on the matter. [12717/23]
View answerThe Public Private Partnership (PPP) model does not cater for economic or value for money evaluations post entering into contract. I can confirm that value for money evaluations were carried out prior to executing the PPP contracts for both projects referred to by the Deputy. There is no provision within the contract, to carry out any such evaluations within the agreed contract, nor is there scope to renegotiate the contract.
However the Monthly Performance Report which is agreed between the PPP Co and the institution does include for deductions from the monthly unitary charge for non delivery or non-performance of agreed services.
