Oireachtas Joint and Select Committees

Tuesday, 13 June 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

Infrastructure Provision and Residential Developments: Discussion

Mr. Michael Kelleher:

It is an issue for our members around the country. They still have to put a bond in place. There is a bond in place for the infrastructure. Obviously we have to engage with Irish Water field engineers as we are just about to commence on site. We are showing commitment. If we have paid the bond, which we would be doing, there must be some way around it. It is a cash flow issue and it is something that is coming up for our smaller members. If that could be looked at, it might be of benefit. I appreciate that it can be put through the process quickly but we must still bank that amount of money for a period of time and that can be difficult. If the bond is in place and if they are moving on site, there must be some mechanism of ensuring the development is actually proceeding.