Oireachtas Joint and Select Committees

Thursday, 22 June 2017

Public Accounts Committee

Dublin Institute of Technology and Cork Institute of Technology: Financial Statements

9:00 am

Mr. Colm Whelan:

The point is a valid one and it was also made in the Ernst & Young, EY, report. Perhaps it was in between the lines in that report. The DIT relied on the due diligence that was carried out at the time of the procurement exercise. That resulted in a three-year contract, and we continued with the practices that we had had for several years in terms of deciding what to purchase and when to prepay.

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