Written answers
Tuesday, 9 December 2008
Department of Finance
Parking Facilities
10:00 pm
Fergus O'Dowd (Louth, Fine Gael)
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Question 174: To ask the Minister for Finance if he will re-negotiate the contracts they have on parking on long-term leases; and if he will make a statement on the matter. [44839/08]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The provision of parking spaces is usually an integral part of the demise of long-term commercial leases for office accommodation.
As is normally the case, there is no provision in commercial leases which would allow for their terms to be varied during their currency. However, when a lease expires or when an option to break a lease arises, there are opportunities for the OPW either to exit the lease or renegotiate new terms.
The OPW as a matter of standard practice always seeks to negotiate the best possible terms when entering into new commercial leases or when considering the renewal of existing leases.
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