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Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: That is what I thought. Mr. Franks referred to contracts awarded by Iarnród Éireann. Did it award a track maintenance contract recently?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: Has it been awarded?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: Is there a proposal?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: How much is the contract worth?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: Is it not a large contract?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: What is it worth approximately?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: I believe it is worth €30 million. Is Mr. Franks telling me that he does not know?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: Who is responsible for awarding the contract?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: Yet Mr. Franks does not know what it is worth.

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: The contract's value is important. There must be a global amount that CIE will be required to pay as a result of it.

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: Thirty million.

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: Will Ms Jupp provide an approximate value?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: This is extraordinary. It is a large contract.

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: It is €30 million plus. I can tell Ms Jupp that now.

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: I am asking a perfectly reasonable question about a contract that is going to tender, yet the chief executive is claiming that he cannot tell me how much it is worth.

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: When did the contract go to tender?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: Did Mr. Franks say it had been concluded?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: Iarnród Éireann has selected someone?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: Is it Balfour Beatty?

Joint Oireachtas Committee on Transport and Communications: CIE Group Financial Situation: Discussion with Group Management (18 Jul 2013)

Shane Ross: Is Mr. Franks aware that Balfour Beatty was fined a large amount as a result of an accident in the UK?

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