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Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: How many carriages are on the train?

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: Obviously not enough.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: The Minister of State is using the wrong analogy.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: I apologise.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: Is there any mention of a cap on borrowings in this specific instance?

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: Does this relate purely to the costs associated with the metering programme?

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: We discussed earlier the sort of indicative costs, but I would continue to argue with the Minister of State about the specific costs.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: The indicative costs are far in excess of that. Is this from one source and can the company borrow from other sources?

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: Does that indicate that the sort of costs and funding required to make services, facilities and networks fit for purpose will take some time to be put in place? If so, will there be ramifications concerning inflationary costs? I am conscious of the proofing not being complete on the poverty issue.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: Okay. It was to give effect to what might happen in a few years time.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: It will.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: Has the Minister of State consulted the regulator as regards this cap figure? Is the regulator in agreement with that provision considering that he does not have at his disposal a lot of information that one imagines he would need to have to agree with such a figure?

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: Can I clarify this matter now?

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: The Minister of State is seeking our support for the Government to make a cap of €500 million available for this purpose, associated with the establishment of Irish Water and the metering process. He is also saying that the regulator will digest and assimilate all the information the Minister of State is providing, when he gets it.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: That concerns costs, repairs, reinstatement, call centres, deals with local authorities and service providers, and procurement costs associated with the installation. If Irish Water feels that it does not have half enough, will we be back in a couple of months time, before the Minister of State even comes back with a second piece of legislation, to increase the cap, or is it the case that...

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: It would be great if the Bill gave some indication as to what the situation would be for those to whom Deputy Buttimer referred, but there is no such provision. It is an interim Bill that sets up Irish Water and allows for metering to commence. The Government, in its wisdom, has stated that, in the absence of all of the information that it sought when the scheme was announced in the first...

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: No definitive programme of action is on the table. The reasons for this are that the procurement process has not been completed and the regulator will be the one to make the decision. We have established that the Government will hide behind that person. We will pass the Bill despite there being no information ready to go to the regulator tomorrow morning. As we do not know when that...

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: -----poverty proofing has not been completed and there are a few carriages still to be added to this train.

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: Only when all of the carriages are on the train will the Minister of State be able to confirm-----

Water Services Bill 2013 [Seanad]: Report and Final Stages (7 Mar 2013)

Barry Cowen: -----with certainty that privatisation is not a prospect.

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