Results 5,801-5,820 of 34,779 for speaker:Seán Fleming
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: I want that noted. It was a case of putting the cart before the horse in that we signed the contract for phase 2 knowing there was a problem with costs. Having signed the contract, we then received a report on the escalation of costs. If right was right, that report should have been done before moving on.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: I take it Mazars had no role in the big report.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: I understand Mr. Breslin was concerned about developer optimism and that it would justify the current position. I can understand that. Mr. Breslin was right to be cautious and seek a second view. He then got a report from Mazars. Am I correct that Mr. Breslin is saying he was not happy with it?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: If Mr. Breslin was happy with it, why was it necessary for PwC to do a report?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: Okay.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: Mr. Breslin said in his opening statement that decision was made around that time.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: For the benefit of people watching, I recall there was a bit of argument about it in January when the Dáil returned following the recess.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: That was in train before the Dáil came back.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: Okay, fine but there are myriad reports. It sounds to me as though BAM had everybody over a barrel. If BAM did not receive its signed contract by a certain date then everyone would have to pay up. That was a significant error, where the State was left in a tight corner with no room to manoeuvre.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: I apologise to Deputy MacSharry for that but so many reports were mentioned that I wanted to get them all in sequence.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: I will. I am sorry about that.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: My recollection of the meeting, when Mr. Pollock was here as chairperson, and correct me if I am wrong, was that BAM was on site and had completed phase 1 and that if BAM was delayed in moving on to phase 2, it was known as a compensable event and it would have to prove how much it was going to lose-----
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: -----if it was delayed. Let me explain it. BAM could have been removed and that would have been the end of it but if the company was retained and delayed, the delay would be a compensable event. It could have been removed with no compensation.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: No, it states average inflation over the period of the contract.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: It is €97 million, if inflation is at 10%.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: What Minister is Mr. Quinn referring to?
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: That is something the Committee of Public Accounts has to consider.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: Deputy MacSharry has had more than double the allotted time.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: I did not say that.
- Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2017 (Resumed) (16 May 2019)
Seán Fleming: Can I interrupt the Deputy? We have been here for over two hours. If someone needs to go out for five minutes, please do and come back. We have been able to go in and out from our side of the fence. The meeting will continue. If somebody wants to go out for five minutes, they can do so. I do not think there is any need to suspend the meeting.