Results 20,821-20,840 of 26,059 for speaker:Kieran O'Donnell
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: Therefore, some employees will get bonuses and some will not.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: Has any bonus been paid to date?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: Is it the case that some employees will qualify for bonuses and some will not?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: Have any bonuses been paid to date?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: Has anyone earned a bonus to date?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: I have a question about procurement. I refer to the 22 contracts outside of the main contracts. How many of the overall contracts were given out without a tendering process? Were those contractors existing Bord Gáis contractors?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: What percentage will make up the bonus?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: Is it not fair to say that Irish Water spent €50 million of taxpayers’ money without knowing how it was going to be treated? This is the kernel of this discussion.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: Is the €50 million spending on the part of Irish Water or Bord Gáis? Will it find its way onto the balance sheet and revenue account of Bord Gáis or Irish Water?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: €50 million.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: What balance sheet will it be on?
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: I suggest that the committee go back. The witnesses should know when they spend €50 million of taxpayers’ money whether it will be regarded as revenue or as an asset that will generate revenue. I do not want to labour the point but it is a critical one for the ordinary person looking in, whether Irish Water is buying an asset or giving out consultants’ fees.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: Mr. Dempsey regards them as something that will end up as a fixed asset in the balance sheet of Irish Water.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: I will ask two quick questions. When Irish Water presents it to the CER will it present it as a fixed asset or as a revenue item? CER might expand on this too. This is a critical point.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: I have limited time. The CER cannot make the decision until Irish Water makes its presentation to it.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: A total of €50 million has already been spent and Irish Water is not able to tell me whether it regards that as a revenue expense or as an asset. When will Irish Water know that? That is a critical underlying point. I will ask again because it is the kernel of the issue.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: Why does Mr. Dempsey not know this already? Why was €50 million of taxpayers’ money spent when no one could say they would regard it as an asset? Why did Mr. Tierney come out publicly and give the ordinary person the impression that this was €50 million paid to consultants for nothing tangible when it is clear-----
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: Mr. Tierney regards this as an asset as distinct from revenue spending.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: Fine.
- Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)
Kieran O'Donnell: May I move on from that point because I think we have clarified that?