Oireachtas Joint and Select Committees
Thursday, 20 October 2022
Public Accounts Committee
2021 Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 3 - Vote Accounting and Budget Management
Chapter 4 - Reallocation of Voted Funding
9:30 am
Brian Stanley (Laois-Offaly, Sinn Fein)
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It has been publicly reported. Dragados, which is a part of the ACS Group, was fined €57.1 million, FCC Construccion was fined €40.4 million, Ferrovial Construccion was fined €38.5 million, Acciona Construccion was fined €29.4 million and Obrasco Huarte Lain was fined €21.5 million. The sixth company, Sacyr Construccion, was fined €16.7 million. This story was reported by Reuters on 7 July. The Spanish regulator found that, between 1992 and 2017, the companies had met weekly to analyse which public projects they were planning to bid for, plan a common strategy and share technical documents between them. The regulator found that this had affected many construction bids, leading to fewer and lower quality bids. The regulator viewed this as a serious infringement of Spanish and European competition law. We are under the umbrella of the latter, as Mr. Moloney is well aware. The Department is not aware of this situation or has not been alerted to it.