Dáil debates
Wednesday, 13 October 2010
Public Procurement Contracts
3:00 pm
John Perry (Sligo-North Leitrim, Fine Gael)
In light of the contracts being awarded, the credit terms being attached and non-payment within 60 and 90 days, will the Minister of State review the credit terms attached by State entities? Many viable businesses are being closed due to the non-payment of debt by public institutions. Extended credit is given by companies. Something needs to be done about these credit terms.
The Department opted out of the review of the extended credit given to State entities and private companies. Will this now be reviewed?
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