Results 18,761-18,780 of 26,430 for speaker:David Cullinane

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: A 34% cut in income.

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: Is that the primary reason the institute is in deficit?

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: The institute has got that figure down to 70%.

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: In terms of income streams, some research conducted on the institute shows that it seems to be one of the top performing institutes in respect of research and income from it. How does that work in the first instance? May I have examples of income streams into the institute from research?

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: Would a profit be made if intellectual property was commercialised?

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: I thank Ms Campbell. I want to focus on the two spin-out companies.

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: What is the institute's shareholding in both spin-out companies?

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: Who in the institute protects its interests? Who decides what the equity stake of the institute should be?

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: To whom does the committee report back?

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: Who owns the policies? There is always a policy owner. If there is a policy, who is the owner? It is not the governing body. In terms of management and staff-----

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: Ms McCausland would not personally have any shareholding or would not be a director.

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: If she were, would she regard it as a conflict of interest?

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: Ms McCausland has a management role, an oversight role.

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: If it was the case that Ms McCausland was a shareholder in any of the two companies, because of her role, she would also be the person who would have a governance and a management role.

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: I want to come back to the issue raised about the JJB facility. There was a tender for equipment.

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: Will Ms Campbell talk me through it first?

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: Just to be sure I am clear on the process - I am only concerned about the process - there was a tender process in the hiring of fitness equipment for the newly established facility. That is what the tendering process was for in the first instance.

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: How long did the tendering process last?

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: How many tenderers were in the game?

Public Accounts Committee: Dundalk Institute of Technology: Financial Statement 2015 (30 Mar 2017)

David Cullinane: What were the conditions at the time of tendering?