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Decentralisation PPP

In December 2007, a MPFI consortium comprising Macquarie (lead sponsor and financial adviser), Pierse Group (design and build) and Serco (facilities management) was announced as the Preferred Tenderer for this prestigious project.

Released in May 2006 by the Commissioners of Public Works in Ireland, the Decentralisation PPP project involves the design, construction, financing and maintenance of three new government office buildings under the terms of a single contract for a 15 year concession period. Tender responses were submitted by five shortlisted consortia in September 2007.

Details of the three sites are as follows:

  • Portlaoise is to accommodate 850 staff from the Department of Agriculture & Food
  • Carlow is to accommodate 300 staff from the Department of Enterprise, Trade and Employment
  • Mullingar is to accommodate 320 staff from the Department of Education & Science

Planning for the sites was submitted in April 2008, and the buildings are expected to be completed in 2010.

For further information please contact decentralisation@mpfi.ie.



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  Important information


Other than Macquarie Bank Limited ABN 46 008 583 542 (MBL), any Macquarie Group entity noted on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). That entity's obligations do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.

Macquarie Capital (Europe) Limited is incorporated and registered as a private limited company in England and Wales with company number 03704031. Registered office is located at Level 30, CityPoint, 1 Ropemaker Street, London, EC2Y 9HD. Macquarie Capital (Europe) Limited is authorised and regulated by the Financial Services Authority (Firm No.193905).