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Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: I am well aware of that.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: That may be so but according to the information this morning, the contract was just at an end. The easiest action would have been not to renew the contract, and it would have been cost-effective. I understood from earlier exchanges that there was a longer period to run but it turns out that the contract was on the verge of finishing. If that was the case, it would have cost less to allow...

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: I cannot understand that. If the contract was to end shortly, why would the value of a year of the contract be paid at a cost of €80,000? It was just at the end of the contract.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: There would not have been a dispute if the contract had been allowed to run out and take its course. The contract was close to its end and a dispute would not have arisen. There would only have been costs for the period of the contract running out. Why would the commission bother entering into a deal for €80,000 when the contract was at an end?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: How could that happen if the end of the contract was close?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: It is pretty clear that if I was part of a contract that was just finished, and I knew it would not be renewed because of ill feeling or a judgment that the contract was not being fulfilled properly, I would live with the issue for the few months. That is what private enterprise might do; it would grin and bear it until the end, paying far less than €80,000. I would not put my hand...

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: It is not required. I am just asking to clarify the matter. No sanction seems to be required.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: That was not agreed with me or the committee.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: We are here to extract the detail of the payment from the witness. I have not asked for the name of the contractor or anybody else. We are discussing the principle of paying somebody €80,000 at the end of their contract when it would have apparently cost substantially less to let the contract run out. There could not have been a legal dispute at the end of a contract if it had been...

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: What did the audit committee make of the €16,000 and €80,000 payments? Did it have a view?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: Did the audit committee approve of the scheme?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: A "Yes" or "No" answer will do. Did the audit committee agree to the scheme which was introduced that led to the €16,000 payment?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: It did not express a view and Mr. Guiomard did not ask it prior to the introduction of the scheme which paid staff €16,000. That is no reflection on staff or anything else but rather the process by which the arrangement was reached by which €16,000 was available to staff. Mr. Guiomard is telling me he did not ask the audit committee about it.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: Did you ask the audit committee's advice prior to the payment of the €80,000?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: So you act on your own?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: That may be so but there is an audit committee and surely it has some role. Had it expressed any concern about the payment of €80,000 or €16,000?

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: During the next year, ComReg will make substantial savings on rent, as it will opt for another building or its rent will be reduced.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: The total cost for the two leases is €1 million.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: That is substantial.

Public Accounts Committee: Commission for Aviation Regulation - Financial Statement 2011
Commission for Communications Regulation - Financial Statement 2011
Commission for Energy Regulation - Financial Statement 2011
(17 Jan 2013)

John McGuinness: As with Mr. Nolan's, are those bonuses paid each year regardless?

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