Written answers
Wednesday, 29 September 2010
Department of Finance
Proposed Legislation
11:00 pm
Dan Neville (Limerick West, Fine Gael)
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Question 460: To ask the Minister for Finance if he will ensure that the new Construction Contracts Bill will carry safeguards for contractors who are having severe problems obtaining payments for work completed on construction contracts; his views on whether existing dispute resolution measures of arbitration and litigation are too slow and too expensive and alternative statutory measures (details supplied) are urgently needed to include the cash flow in industry effectively; and if he will make a statement on the matter. [32929/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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Proposed legislation is currently before the Seanad on this matter and this will provide the opportunity when it comes to this House for a full discussion of the concerns raised by the Deputy.
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