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Transport 21 subject to a cost-benefit analysis by the Department of Finance

Date: 25 January 2006

Dáil Question No: 871, 832 To ask the Minister for Transport if his attention has been drawn to the fact that all the projects set out in Transport 21 have been subjected to a cost-benefit analysis by the Department of Finance; and if he will make a statement on the matter. - Olivia Mitchell. To ask the Minister for Transport if officials from his Department have carried out cost-benefit analyses on all the projects set out for development under the Transport 21 plan; and if he will make a statement on the matter. - Olivia Mitchell.

 

Response
by the Minister for Transport
(Martin Cullen)  

 

I propose to take Questions 871. and 832 together

All projects and programmes provided for in Transport 21 will be subject to the Department of Finance“Guidelines for the Appraisal and Management of Capital Expenditure” and to the value for money initiatives set out by the Minister for Finance in October 2005.

Under the Guidelines, responsibility for carrying out the required appraisals rests with the implementing agencies.

I also refer the Deputy to my reply to a Question on 29 November 2005 (copy attached).