Results 4,041-4,060 of 26,486 for speaker:John McGuinness

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: That is Mr. Burgess's account of the NDFA's involvement.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: Who is accountable for the balance? Is it the Department?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: Does the Department not have oversight of the contracting authorities?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: Arising from the questions asked, the Department of Public Expenditure and Reform officials do not have on hand the amount of the €219 million they referred to which is lost to the State. They also do not have the figure relative to each local authority area in terms of money invested directly in PPPs. It was stated earlier by the officials that they would forward a detailed note in...

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: Will Ms McLaughlin report back to the committee on those matters?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: As of today, roughly €697 million has been lost to the State. When forwarding the figures, as was done here this morning with regard to the NDFA, Ms McLaughlin might provide us with a breakdown of what can be added in terms of value should a project be resumed and what has absolutely been lost. This information would be helpful to the committee. I understand the NDFA has no...

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: Does the NDFA offer any other professional advice such as, for example, in respect of engineering?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: So the NDFA offers financial advice to the two largest Departments which spend money on infrastructure, namely, the Departments of Transport, Tourism and Sport and the Environment, Community and Local Government. Looking back on the history of the NRA and the overspends that were incurred - I admit that the position in this regard was corrected to some degree in respect of recent projects...

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: At last week's meeting, through the questions posed by Deputy Eoghan Murphy, we dealt in detail with the Poolbeg project. I wish to make an observation to the effect that the Committee of Public Accounts has almost reached the stage whereby, in order to complete its work, to assist the Comptroller and Auditor General and to ensure that taxpayers are informed, we will almost certainly be...

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: Yes, but it is all taxpayers' money.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: So the skills that the NDFA lacks are procured from outside legal, technical or financial consultants.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: It is still a huge amount of money. I presume a competitive tendering process is undergone in respect of such consultancy work.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: Will Mr. Murphy provide a breakdown in respect of staff salaries? How many are earning more than €100,000?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: So the figures with which we were provided last week also obtain in respect of the NDFA. That is fine.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: Is it the case that Mr. Murphy is employed by his agency?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: I see. That is fine. I call Deputy Eoghan Murphy.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: The figure is €12,000, is it not?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: That development might be a bit too late.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: I thank the Members for their input. Before I hand over to the Comptroller and Auditor General, I do not believe there is a paragraph in his opening remarks or observations on PPPs generally that does not ask the Department to examine various aspects of PPPs, whether it be in terms of the advice, the sound understanding required, the publication on the website, or the matter of no effective...

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

John McGuinness: We are still going to give a copy of the observations and the transcript of the meeting to both Accounting Officers, and we will ask for their observations. Some action may have been taken. We want to see what has been done, what needs to be done and what the officers do not want to do. Greater understanding is required on the PPP process and accountability.