Results 221-240 of 34,019 for speaker:Pearse Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: But Mr. Rafferty says the grant covers 100% of the work.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: But it does not really, does it? To rebuild that house completely, if that were to cost €350,000, Mr. Rafferty is saying they would be fully €100,000-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: Exactly. Therefore, even though the cost of the house would actually be less than €420,000, could we not have a situation in which somebody has to put their hand in their pocket and try to find €80,000 to rebuild their home? Would that not be the case?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: I am sure Mr. Rafferty is familiar with many examples of different ranges where people have to find tens of thousands of euro. It is common, is it not?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: Would it change the Department's mind if we were to give it the contractors' quotes and show it what was available from the grants? Would the Department really provide 100% redress if that were the case, and if we could show the Department what is happening on the ground?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: The reason I say this - it may be a small thing - is that when somebody comes before a committee and says there is 100% funding, that really annoys many people because the likes of that woman are sitting at home knowing they will not be able to rebuild their homes. It is €80,000. She is not going to get that money. There is no finance available from banks. It really annoys people....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: When Mr. Wickham refers to “deliverables over the coming weeks and months”, does he mean delivering into the process or changes to the scheme or how it operates?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: Absolutely. One of the partners will not have its report available until quarter 1 of 2025. When it is submitted, will it already have been peer-reviewed?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: The partner is going to submit its report as part of the overall review. Mr. Wickham mentioned that one of the partners will not have its report until the start of next year. Does each report have to be peer-reviewed?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: Is it correct that the NSAI is carrying out the review?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: Part of the research programme. Also, people are feeding their individual reports to GSI.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: I am just trying to get a sense of the timeframe. One of the research partners is not going to have its report ready until the first quarter of next year. That feeds into GSI, which then feeds into the NSAI review.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: When are we likely to have the standard peer-reviewed and a decision taken on the new standard?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: Is Mr. Wickham expecting text to emerge but not the full change to the standard or the completed article?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: Is it Mr. Wickham’s view that there will be text emerging on foundations, pyrrhotite and sulphate attack before the end of the year?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: Hypothetically, if text emerges indicating that pyrrhotite is the main issue and that it will continue to attack foundations, how long will it take for the scheme to be adapted, altered or brought up to speed with what will be the current evidence?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: Mr. Wickham stated that a text would emerge but that it would not be the full review. Is it fair to say that the full review will be issued later in 2025?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: Yes, so other than the full revision. I want to ask about the triggering of the legislative mechanism. According to what we have heard, the full review will not be done until later in 2025. Does the legislation say it is on the back of a full review or is it on the basis of partial information but allows them to make a determination on issues such as foundations and pyrrhotite?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: On the Central Bank and how financial institutions carry the value of these homes on their balance sheets, and, indeed, the Department of Finance because it references the European Union (Consumer Mortgage Credit Agreements) Regulations 2016, which provide that lenders are required to carry the appropriate valuations and methodology to carry out those evaluations for immovable property and...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Defective Concrete Blocks: Discussion (Resumed) (8 May 2024)
Pearse Doherty: Has the Central Bank sought assurances from the banks that they have done that?