Under the Public Spending Code, where a capital project exceeds €20m, the Sponsoring Agency (the local authority) is required to submit a Cost Benefit Analysis (CBA) or a Cost Effectiveness Analysis (CEA) prior to receiving Departmental Approval in Principle.
My Department has received CBAs in relation to the following housing schemes from Dublin City Council (DCC) since 2014:
- Dominick St;
- St. Theresa’s Gardens;
- Croke Villas/Sackville Avenue;
- O’Devaney Gardens;
- Cornamona Court;
- Bunratty Road;
- Cromcastle Court;
- Dunne Street;
- Matt Talbot Street;
- Lissadel/Rafters Lane;
- Constitution Hill; and
- Dorset Street.
There is an on-going process of engagement between my Department, DCC and the Department of Public Expenditure and Reform in relation to the examination of each CBA. This process, together with my Departments approval process means that all of the available options are fully appraised and evaluated and the best approach is followed from a value for money and housing and sustainable communities viewpoint.