Results 2,161-2,180 of 34,618 for speaker:Seán Fleming

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: It is €100 million.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: The figure we had in our periodic report some time ago stands.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: That is okay. Given that this phase has been completed, can the board give us the breakdown of that figure between the main contractor and other contractors? Do the witnesses have a breakdown of that €100 million?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: We want to get it.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: I have a difficulty as Chairman of the Committee of Public Accounts. We are looking at the board's 2018 accounts. We have done a periodic report and the board has been in here twice. This is its third time before the committee this year. It was here at the beginning of January and in May. We did a periodic report based on figures provided in respect of the board. I asked a basic...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: I know that.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: I would have thought that somebody coming in with the 2018 financial statements that have been signed off by the board, audited, approved by Cabinet, lodged with the Oireachtas, noted and presented at the committee would be able to give us information on any figure within those accounts. That is what the Committee of Public Accounts is about. Getting a set of accounts is just the start of...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Whatever. We might not be here for too much longer. I am expressing the frustration of all members here today. We were here last January and we extracted the figure of €1.433 billion at that meeting. We have not been given one single new figure today, 11 months on. There is a bit of frustration on this side of the table. We have a set of audited accounts and when I asked my first...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Believe it or not, I am going there. I am starting from the board's financial statements, which include a reference to phase A. I am not inventing a question. I am asking for details on matters the board refers to in paragraph 7, page 35 of its financial statements. It is fine. I will take the figure of €100 million for now. We will get the breakdown. Can anyone indicate how...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: That is nice to know. That is the breakdown. Mr. Devine has answered that question. I will take that as an answer. I am now moving on to phase B. I am reading on in the same paragraph: "In 2018, having agreed the GMP [guaranteed maximum price] for the project, the contract for the main works [which was held by BAM, if I am correct] was awarded for €887.7m (ex vat)". VAT came to...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: So that is €1.007 billion plus the €100 million.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: That is fine. I am just trying to get information. Phase A is part of the overall thing. It had been referred to separately and I wondered whether it was a separate issue. I will now refer to the chart which provides the breakdown of the figure of €1.433 billion, which is on page 88 of our periodic report No.6. Do the witnesses have this chart in front of them?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Okay. It is just not up on the screen. There is a row titled "Net Main NCH Construction". Does the big figure of €890 million refer to the BAM element?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Does the VAT come in under it?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: In that case, BAM is in line to get approximately €1 billion.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: I am just trying to get a breakdown of the figures. Page 26 of the financial statements refers to total capital commitments for contracts not provided in the financial statements. These are contracts that have been entered into but have not come up yet and are not in the financial statements. The total amount, including VAT, is €997 million. The sum of €260 million has...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Mr. Gunning said the total project cost is €1.433 billion between now and 2022 or 2023.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: The difference between the two is €176 million.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: At this stage, Mr. Gunning is saying the contract has been signed for 88% of the costs, namely, €1.433 billion?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Has the board entered into any new contractual arrangements that were not in place at the end of December last year?