Oireachtas Joint and Select Committees

Thursday, 17 January 2013

Public Accounts Committee

Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011

1:25 pm

Mr. Cathal Guiomard:

As the committee saw from the slide I presented, we have actively managed our costs downwards. This has meant that, from time to time, we have not renewed employment contracts or have otherwise sought to make savings when we did not require particular services.

In the case in question, we did not wish to continue with a contractor's services. As a result of discussions, we decided to make a one-off payment to conclude our arrangement.