Acting as the National Development Finance Agency (NDFA), the NTMA is the statutory financial advisor to State authorities in respect of all public investment projects with a capital value over €20 million. It also has full responsibility for the procurement and delivery of Public Private Partnership (PPP) projects in sectors other than transport and the local authorities. In addition, the NDFA provides contract management of the operations and maintenance of certain operational PPP schools, and the direct procurement of certain Exchequer-funded projects on behalf of the Department of Education and Skills.
In its financial advisory role, the NDFA advises State authorities on the optimal financing of priority public investment projects by applying commercial standards in evaluating financial risks and costs. The NDFA’s overriding objective is to maximise value for money for the Exchequer.
In its procurement role, the NDFA is responsible for all aspects of delivering the procurement of projects and hands them over to the sponsoring body after construction is complete and the asset is operational.