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Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: No, but that is the most-----

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: No, that is the most the company will actually borrow.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: It does not mean it will all be spent on meters. There is a great deal of other work to be done as well, obviously.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: I apologise. The cost-benefit analysis will be published after the event.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: I will try to make the point more clearly. We know that the current cost of water services is €1.2 billion. We know what the water service investment programme is for the future. We know what the costs are going to be.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: The WSIP is a published document.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: I do not have the figure with me, but I am sure I can get it.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: The figure is there.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: It is a transparent published document.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: There will be total clarity on all of that.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: If it is helpful, Irish Water has not been set up. At the moment, Bord Gáis is doing that work. When the company is incorporated as a company, Irish Water will be set up. I repeat, for the purposes of clarity, that all of the costs relating to the charging of consumers will be transparent and will be known. The procurement process for the metering is like the procurement process for...

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: It is prudent-----

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: There will be.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: Yes.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: It is much higher.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: I think it is about €25 million, is it?

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: I think it is higher than that. I think it is €25 million.

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: It is €25 million to be a regional contractor. In other words, each of the eight regional contractors would want to have a turnover of at least €25 million to reach that benchmark. As I understand it, the €400,000 figure is the amount that local contractors must have-----

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: No problem. Deputy Murphy has made an important point about subcontracting further. Each of the 220 local contractors, for want of a better term, can contract some of that work to other people locally as long as - this is the key point - the legal accountability will continue to rest with the local contractor. In other words, there will be a legal relationship between the regional...

Committee on Environment, Culture and the Gaeltacht: Select Sub-Committee on the Environment, Community and Local Government: Water Services Bill 2013: Committee Stage (27 Feb 2013)

Fergus O'Dowd: Yes.

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