NRA get toll figures wrong by 20 to 30% – but it’s taxpayers that will pay

• On the M3 traffic is 22% below the penalty payments level
• Traffic is 26% below the penalty payments level on the Limerick Tunnel
• Taxpayers face a €100m bill over the life of PPP contracts based on a scenario favourable to the NRA i.e. traffic growth assumed from 2011
• Arrogance and naivety of the NRA shown in toll road contracts
• NRA continues to use discredited projections in attempting to justify further motorway

The NRA’s expectation that traffic would grow rapidly has proved hopelessly inaccurate. Continue reading Double hit for taxpayers as NRA needs €100m bailout on toll roads →