Oireachtas Joint and Select Committees
Thursday, 3 April 2014
Public Accounts Committee
2012 Annual Report of the Comptroller General and Appropriation Accounts
Vote 11 - Office of the Minister for Public Expenditure and Reform
Vote 12 - Superannuation and Retired Allowances
Chapter 3 - Financial Commitments under Public Private Partnerships
Chapter 4 - Vote Accounting
Chapter 5 - Vote Budget Management
12:00 pm
Mr. Paul Quinn:
That is a good question. We encourage consortia and they are winning more business in the marketplace. If someone tenders at a significantly lower price than the average, we investigate. Under the guidance from the EU, we are obliged to investigate abnormally low tenders. We must be satisfied that the supplier can provide the goods and services at the prices indicated. We must go through a process of due diligence.