Seanad debates

Wednesday, 5 December 2012

Adjournment Matters

Construction Contracts Legislation

4:10 pm

Photo of James HeffernanJames Heffernan (Labour) | Oireachtas source

I welcome the Minister of State's response and his commitment to bringing the legislation through as soon as possible. I accept the point that this might not have had an impact in this case, although it might have been helpful for some of the subcontractors. I could be wrong, but as far as I understand, the Bill only comes into play for contracts worth over ยค50,000. That is not a lot of money for many large contractors, but it is a significant sum for smaller contractors. It is the difference between staying afloat and going out of business or going bankrupt. I suggest the Minister of State should take a look at that.


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