Oireachtas Joint and Select Committees

Thursday, 23 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Joe O'Reilly:

I, I think again ... I think again there was a, there was a perception that building and development was easy and that it was quick, that there was quick money or quick bucks to be made on it and that was ill-founded. So, I think you've asked me there in terms of ... how can the building and how can we ensure that standards and how can we ensure that we have a professional industry? So, again, through what is happening at the moment and, and the Department of the Environment are involved in this, is that there's an organisation or a grouping being set up at the moment, it's called CIRI, it's Construction Industry Register Ireland. And that, that is a group that's been put in place, with an independent board, which every developer, every contractor, every builder will have to be registered with and there'll be certain governance around it.

So I believe that that's well advanced at the moment. I'm not sure that it's totally there but I know that it's ... I know Castlethorn-Chartered Land are actually members of it and I know that it's being rolled out at the moment, so it's well advanced ... I'm not sure it's been officially ... in fact, I know it hasn't been officially adopted by Government but it is being advanced.

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