Oireachtas Joint and Select Committees

Tuesday, 23 April 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform

Estimates for Public Services 2013
Vote 11 - Public Expenditure and Reform (Revised)
Vote 12 - Superannuation and Retired Allowances (Revised)
Vote 13 - Office of Public Works (Revised)
Vote 14 - State Laboratory (Revised)
Vote 15 - Secret Service (Revised)
Vote 16 - Valuation Office (Revised)
Vote 17 - Public Appointments Service (Revised)
Vote 18 - Shared Services (Revised)
Vote 19 - Office of the Ombudsman (Revised)

2:55 pm

Photo of Brian HayesBrian Hayes (Dublin South West, Fine Gael) | Oireachtas source

In the banking area, we are examining how to treat the State as one entity for the purpose of procurement in terms of all the accounts that exist. Irish Public Bodies Mutual Insurances Limited is one such example.

I will put it this way. If funds exist in various ways in different State accounts we must get maximum benefit from them, which we are not doing at present. We need to start procuring banking facilities and services on a much more corporate basis. That is one of the tasks for the shared service model. It dealt first with HR, is now dealing with payroll and pensions and will look at banking. There is no reason we cannot make enormous savings in this area, as the British have done in recent years. We have to follow that example.

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