Results 31,461-31,480 of 34,779 for speaker:Seán Fleming

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: In the context of the stimulus package, does the agency take a view on whether building 20 primary care centres in two packages of ten constitutes a good package for the market? I accept that Mr. Murphy may be unable to answer this question.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: The agency notes that the package involves raising €1.4 billion for investment in public infrastructure and public private partnership investment projects with the European Investment Bank. The NDFA is the most knowledgeable of all State agencies about markets, costs and tendering. Primary care provision is one aspect of the overall €1.4 billion package which I happened to...

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: I would have thought the agency was best placed to advise the Government on the possible costs of PPPs. I ask the officials from the Department of Public Expenditure and Reform how such a cost can be arrived at if the State agency with the most knowledge of procurement and tendering for PPPs played no role in calculating the figure of €1.4 billion that the Minister for Public...

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: Would it not have made sense for the Department of Public Expenditure and Reform to touch base with the NDFA, as the agency solely charged with advising on the operation, implementation, tendering and managing PPPs? Should it not ask the agency to validate the Departments' figures?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: After the fact. What about before the figure of €1.4 billion appeared in the press release? People take such figures seriously when a Minister announces them. I would have assumed that each Department ran its figures by the agency for advice on whether the proposed projects would attract PPP funding. Two packages of ten primary care centres were costed as part of the package, but...

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: That is exactly the point I am coming to. The initial appraisals did not reflect the real costs of these projects. Most local authorities that entered a design-build-operate contract are now claiming that the annual payment they have to make to the PPP operator is far in excess of what was originally expected. Now that the PPP operators are the only monitors of the throughput of the water...

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: What are the fees paid to board members?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: Mr. Fred Barry would not have taken fees either.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: We understand that. However, how many members of the board would be entitled to fees? Surely, those board members already on the public payroll like Mr. Fred Barry, in the past, Ms Ann Fitzgerald, of the National Consumer Agency, and Mr. Robert Watt, Secretary General, Department of Public Expenditure and Reform, would not be eligible for these fees.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: Is it approximately €12,500 per member?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: That would come to a total of €50,400. However, the agency's annual accounts give a figure of €75,000 for these fees. Does that include expenses?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: It is exactly the same figure for 2010 and 2011. I do not want to dwell on this, just put it on the record.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: I understood that the majority of the board were already employed in the public sector.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: Were those six board members not paid from the public purse? I am just trying to establish a simple principle that no one from another State agency got director's fees for sitting on this board.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: Yes, I have it and the lovely photographs in front of me.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: Did Mr. Fred Barry, chief executive of the National Roads Authority, a highly paid State executive, get paid a director's fee to sit on the National Development Finance Agency's board?

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: We have the names here in front of us. I will name them. I hope the Department of Public Expenditure and Reform is listening. They are Mr. Stewart Harrington, a director of Killeen Properties Limited.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: Mr. Jones is a business consultant.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: Mr. McManamon is chairman of Ceva Inc.

Public Accounts Committee: 2010 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Chapter 6 - Financial Commitments under Public Private Partnerships
National Development Finance Agency Financial Statements 2011 (13 Dec 2012)

Seán Fleming: She is chief executive officer, National Consumer Agency. That is a State body. Did she collect fees for sitting on the board of another State body? We will carry on.