Oireachtas Joint and Select Committees

Thursday, 7 November 2013

Public Accounts Committee

Bord na gCon - Annual Accounts 2011

11:50 am

Mr. Adrian Neilan:

The total value of those contracts was €600,000 and I can give Deputy Harris a brief breakdown of that. Holmes, O'Malley, Sexton, who were our solicitors at that point in time, were paid €64,0000. The people who look after our pension were paid €200,000, with two years worth of fees built into that. There was also a significant item regarding marketing spend. As Deputy Harris knows, marketing is a big portion of our business. We try to get people in to our events. At the start of the year there is a production element of marketing where we design our advertisement and then there is a media-buying element. We spent €20,000 with the people who designed our advertisement.

The media purchasing system that is used to buy media slots on a nationwide perspective costs €70,000. Bord na gCon's clear view is that we had a competitive process to select the production house and the media buying house we would use. We made sure we had the best value possible. We were happy to take the advice of the Comptroller and Auditor General, which was that a panel should be put together at the start of the year and selections should be made from that panel thereafter. That is what we have done.

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