Latest News Articles

Drogheda Courthouse officially opened on 10th July 2017

10 July 2017

Drogheda Courthouse, part of the Courts Bundle PPP Project, officially opened on 10th July 2017

Drogheda Courthouse reaches Service Commencement

23 June 2017

The Drogheda Courthouse, the first of seven courthouses in the Courts Bundle PPP Project, reached Service Commencement on the 6th June 2017.

Contract Notice issued for Social Housing Bundle 1 PPP project

12 May 2017

A Contract Notice for the first Social Housing PPP bundle was published to the Official Journal of the European Union (OJEU) on 12th May 2017.

PIN issued for Social Housing Bundle 1 PPP Project

21 April 2017

A Prior Information Notice (PIN) was issued on 18 April 2017 for the Social Housing Bundle 1 PPP Project. Tender documents are expected to issue shortly.

Schools Bundle 5 PPP reaches financial close

22 July 2016

The National Development Finance Agency (NDFA) today announced the contract award in respect of the Schools Bundle 5 PPP project and the start of construction following financial close of the project yesterday.

Social Housing PPP Bundle 2 Locations Announced

21 July 2016

Minister Coveney announces the locations for the second bundle of the Social Housing Public Private Partnership which will deliver over 450 social housing units.

N17/N18 Gort to Tuam PPP Scheme refinancing achieves €23m in savings for the State

31 May 2016

The National Development Finance Agency (NDFA) has today announced that the State has achieved savings of €23 million following the refinancing, at lower borrowing rates, of the senior debt on the N17/N18 Gort to Tuam Public Private Partnership (PPP) road project.

Ireland’s first healthcare PPP reaches financial close

25 May 2016

The National Development Finance Agency (NDFA) today announced the contract award in respect of the Primary Care Centres PPP to preferred tenderer, the Prime Balfour Beatty consortium.

First Irish PPP backed by EIB’s project bond initiative reaches financial close

26 January 2016

The NDFA today welcomed the N25 New Ross Bypass Public Private Partnership (PPP) project reaching financial close and becoming the first Irish project to avail of the European Investment Bank’s credit enhancement programme.

NDFA announces contract award and start of construction on €135m courts PPP project

18 December 2015

The NDFA announces the contract award and start of construction to deliver courthouse facilities in seven different locations around Ireland.

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Definitioner

NRA: The National Roads Authority
OJEU: All public sector tender competitions, above certain financial thresholds, must be published in the Official Journal of the European Union.
PPP Co.: PPP Co. or the PPP Company is the entity with whom the State enters a PPP contract. PPP Co. is usually a consortium of construction contractor (s), funders and a facilities management co.
CEB: The Council of Europe Development Bank
EIB: The European Investment Bank
VfM: Value for Money
Financial close: Financial close occurs when all the project and financing agreements have been signed and all the required conditions contained in them have been satisfied. It enables funds to start flowing so that project construction can start.
ITPD: The ITPD or Invitation to Participate in Dialogue is a document inviting selected parties to enter dialogue with a procuring authority with a view to submitting tenders for a project. It is the form of invitation used where a project is procured via competitive dialogue.
ITN: The ITN or Invitation to Negotiate is a procurement document inviting selected parties to enter discussions with a procuring authority with a view to ultimately submitting tenders for a project. It is the form of invitation used where a project is procured via the negotiated procedure.
PSB: The Public Sector Benchmark is a comprehensive risk-adjusted, whole life costing of a project under traditional procurement conditions, expressed as a single monetary figure.
PPP: A Public Private Partnership is an arrangement between a public sector authority and a private sector entity in which the private sector provides public works and/or services and assumes substantial financial, technical and operational risk in the project.
eTenders: eTenders is a central online facility for all Irish public sector contracting authorities to advertise procurement opportunities and award notices. (www.eTenders.gov.ie)