Oireachtas Joint and Select Committees
Thursday, 23 October 2014
Public Accounts Committee
Business of Committee
10:40 am
John Deasy (Waterford, Fine Gael)
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Yes. The reason I am bringing it up is the underpinning of the prompt payment legislation which has been updated in the last few years as well as the legislation dealing with subcontractors being paid by the State. Is there a precedent for subcontractors to be paid directly by an organisation like UCC? Is there some kind of nexus for this company which will be in serious financial trouble if it is not paid?