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Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: We are now back in public session. We will continue our discussion with Dublin Institute of Technology and the Grangegorman Development Agency. I apologise for the late start. An issue arose regarding the late submission of financial statements. This applied, to some extent, to the organisations before us. We want every organisation which appears before the committee to have its accounts...

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: I want to call Deputy Kelly.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: There is a vótáil in the Dáil Chamber. Will we continue? It relates to a Private Members’ motion taken on Tuesday night. We can carry on if people want.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: Yes.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: Where did the student element go to? Who gets the student element?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: I call Dr. Love, to be followed by Deputy Connolly.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: We appreciate that.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: I thank Mr. Whelan. I will make one or two quick points. Does the library and journal facility still involve advance payments?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: What is the annual figure?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: Has anything been done about exposure risk?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: Is there insurance? Is it like the good old fashioned way that people ensure their debtors?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: Professor Norton might not have been exact when he said that while it was paid upfront, he mentioned the prompt payments Act. Would the Act have applied to this UK company? Would there be an obligation under that legislation?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: Professor Norton can understand that when we heard "prompt payments", we thought it was a reference to the legislation.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: The loss was incurred. Students and staff tell us that they have had to suffer the brunt of the cost savings that have had to be made. DIT cannot have lost €700,000 without a knock-on effect on the delivery of services for students and teaching staff. Can Professor Norton give us an indication of how DIT shared the pain of the loss or send us a detailed note? That is the big issue...

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: The institute was able to carry it?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: Will Professor Norton send us a note on that? His comments are general and a note would give us a better feel for what happened.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: The note should not exactly cover the €700,000 but it should give us a good estimate. Professor Norton will understand that we are being asked by staff and students about these issues and, therefore, we need a proper answer. A newspaper article was published today in which a delay was mentioned regarding the Grangegorman site.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: How did that result in a two-year delay?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: Mr. Casey said it was "substantially won by the State".

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Seán Fleming: Is the original bidder, Eriugena, on site?

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