Oireachtas Joint and Select Committees

Thursday, 1 June 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Procurement Issues: Minister of State at the Department of Finance

10:00 am

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael)
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The weighting given to something such as management structure will depend on the competition. We have made improvements in terms of turnover. We have brought down the turnover that is required on a capital project. We have to be mindful the company has evidence it has the capacity to do the project. If the State was to engage the services of a company to do something and the company failed, the taxpayer loses the money and people will ask what checks were done to make sure the company had sufficient resources to do it. We have to find that balance.