Seanad debates

Tuesday, 8 March 2011

Construction Contracts Bill 2010: Committee and Remaining Stages

 

5:00 am

Photo of Paul CoghlanPaul Coghlan (Fine Gael)

As the intention is to provide a speedy resolution, if the matter is going to arbitration we should not scupper the cash flow. Could we get around this? Taking up what Senator O'Toole has said, perhaps the money could flow and we could shorten the arbitration period if it is going to go beyond adjudication. The intention in Britain and elsewhere is to provide a speedy resolution in order that the cash can flow. As this would seem to be hindering that, I must oppose it as it stands unless the Minister of State can propose a way around it.

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