Oireachtas Joint and Select Committees
Thursday, 30 June 2016
Select Committee on Housing, Planning and Local Government
Estimates for Public Services 2016
Vote 34 - Environment, Community and Local Government (Revised)
9:00 am
Simon Coveney (Cork South Central, Fine Gael)
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The target spend under the Estimate was €539 million excluding VAT. The revised target is €410 million excluding VAT, which means there is an underspend of up to €148 million which has the potential to be reallocated. My understanding is that it is not tied up in terms of having to be paid on the contract.