Oireachtas Joint and Select Committees
Wednesday, 1 May 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Defective Concrete Blocks: Discussion
1:30 pm
Joe McHugh (Donegal, Fine Gael) | Oireachtas source
If the Leas-Chathaoirleach could use his wisdom – he has a right bit of that, having heard him at various meetings – expertise and influence to try to bring all of the stakeholders around the table, that would be a good day’s work. I would ask him at a personal level to do that.
We all know where we are at with this scheme. There is a confidence issue at the moment, however. I met a contractor on Friday night last. He had to give a personal guarantee of €200,000 from his own loan account for money that he thought he was going to get on a particular date but that did not appear. There is a confidence issue with liquidity for the homeowner at point of entry, for the contractor, who has to have confidence in the system, and suppliers, including paint shops and hardware stores, who need to be confident that the payments will flow.
I thank everyone for attending.
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