Written answers

Wednesday, 14 October 2009

Department of Finance

National Asset Management Agency

Photo of Tom HayesTom Hayes (Tipperary South, Fine Gael)
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Question 167: To ask the Minister for Finance the number of Irish valuers who have been retained to date in 2009 by the National Asset Management Agency; the number of non-Irish valuers retained; the company names of both Irish and non-Irish valuers retained; if they belong to a professional body; the criteria set down by NAMA for assessing the suitability of valuers; the person by whom the assessment was made; and if he will make a statement on the matter. [36140/09]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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No valuer firms have been appointed by NAMA to date. The appointment of valuation firms covering Ireland and foreign jurisdictions is subject to an EU public procurement process which is still underway with a closing date of 23rd October 2009. The Pre Qualification Questionnaire (PQQ) issued as part of this process is available on the www.etenders.gov.ie website. This PQQ sets out all the criteria in relation to qualifications and the scoring scheme to be applied. The assessment of valuation tenders will be overseen by the NTMA with Mr. Maurice O'Connell (ex Governor of the Central Bank of Ireland) acting as Process Auditor.

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