Oireachtas Joint and Select Committees

Thursday, 4 October 2018

Public Accounts Committee

Teagasc Financial Statements 2017

9:00 am

Professor Gerry Boyle:

The very same happens in UCD or UCC. The programmes are multiannual. We do not get all of the money. We receive a certain amount upfront. We have to have resources to start the job and then the problem is usually at the other end because when we finish the project and invoice for it, it can take a long time to receive the balance of the moneys.