Written answers
Thursday, 11 November 2010
Department of Finance
Departmental Expenditure
6:00 pm
Lucinda Creighton (Dublin South East, Fine Gael)
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Question 120: To ask the Minister for Finance the amount of money owed to private firms by his Department. [42270/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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My Department abides by the relevant legislation and Government policies regarding prompt payment for goods and services supplied by private sector organisations. Supplies that are in order and that have been invoiced in accordance with agreed arrangements are paid on average with a delay of only 8 days, which is comfortably within the Government policy objective of payment within 15 days and the usual period of credit allowed by suppliers. In that sense, therefore, no amount of money is owed to private firms.
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