Seán Sherlock (Cork East, Labour)
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Question 362: To ask the Minister for the Environment, Heritage and Local Government when funding will be released for a new local authority development (details supplied) in County Cork; and if he will make a statement on the matter. [34541/10]

Michael Finneran (Roscommon-South Leitrim, Fianna Fail)
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My Department has fully supported this project over the past number of years, and gave approval to Fermoy Town Council in April 2009 to sign contracts to commence construction. However, in April 2010 the Town Council notified my Department that it would not be proceeding with the contract as the preferred tenderer had gone out of business. At the request of the Town Council, my Department then gave approval to re-tender the project to take advantage of the current value available in the construction market. I understand that this tender process is almost completed and that the tenders received are currently being examined by the Town Council with a view to submitting a recommendation to my Department.