Written answers
Thursday, 11 November 2010
Department of Finance
Consultancy Contracts
6:00 pm
Lucinda Creighton (Dublin South East, Fine Gael)
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Question 121: To ask the Minister for Finance the number of external reports and reviews commissioned by his Department in 2008, 2009 and to date in 2010; if he will name each report and review; if he will outline the spending on external reports and reviews in each of those years; and if he will make a statement on the matter. [42285/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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In the period in question there were eighteen external reports or reviews commissioned by my Department.Details of the reports and reviews are contained in the following tables:
Year 2008
| Title of external report or review commissioned | Cost |
| Review of the National Pensions Reserve Fund (NPRF) | Nil |
| Value for Money and Policy Review of the Construction Procurement Reform Initiative. | €4,114 |
| Study on the Economic and Budgetary Impact of the Introduction of a Common Consolidated Corporate Tax Base in the European Union. | €194,000 |
| Review Body on Higher Remuneration in the Public Sector Report No. 43. | €190,561 |
| Job evaluation of senior posts in the public sector for the Review Body on Higher Remuneration in the Public Sector. | €114.000 |
| Provision of Publicity Services for NDP/CSF to support delivery of NDP Communications Strategy particularly at local level | €39,000 |
| Development of NDP 2007-2013 Identity Guidelines as agreed under the Government- approved Communications Strategy for the National Development Plan 2007-2013. | €13,000 |
| Work in relation to the Department of Finance Capacity Review carried out by the Institute of Public Administration. | €51,000 |
Year 2009
| Title of external report or review commissioned | Cost |
| Parallel Benchmarking Pensions Review – Independent study of pension provisions for public service craft workers relative to pensions arrangements in equivalent private sector companies in Ireland. | €32,805 |
| Report of the Special Group on Public Service Numbers and Expenditure Programmes. | €42,312 |
| Covered Institutions Remuneration Oversight Committee (CIROC). Established to oversee all remuneration plans of senior executives of the covered institutions. | €47,178 |
| Legal Due Diligence of Anglo Irish Bank carried out by Arthur Cox Solicitors Arthur Cox Solicitors . Pre-nationalisation due diligence report. | €135,000 |
| Legal Due Diligence of EBS. A high level Legal issues Report on EBS carried out by Arthur Cox Solicitors | €230,000 |
| Review Body on Higher Remuneration in the Public Sector Report No. 44. | €268,959 |
| Legal Due Diligence of Irish Nationwide Building Society. A High level Legal issues Report on Irish Nationwide Building Society Carried out by Arthur Cox | €725,000 |
| Review of Bank Submissions to the EU. Review the restructuring plans prepared by AIB, BOI and Anglo Irish Bank for the EU Commission. | €60,500 |
| Commission on Taxation Report 2009. | €737,848 |
To date 2010
| Title of external report or review commissioned | Cost |
| 'The Irish banking crisis: regulatory and financial stability policy 2003 – 2008,' by the Governor of the Central Bank | Nil |
| Mortgage Arrears and Personal Debt Expert Group. Interim report produced on 5th July 2010. | Nil |
| Review group on State Assets and Liabilities. | €4,000 ( to date) |
| 'A preliminary report on the sources of Ireland's banking crisis', by Klaus Regling and Max Watson. | €124,399 |
| Independent Review of the Department of Finance. | €200,000(estimated) |
| Arthur Cox are the legal advisors to the Department in respect of the banking sector. This has included the production of reports in addition to the ongoing day to day provision of legal advice and it is not possible to specify exact amounts attributable solely to external reports produced by the firm. | Overall expenditure with the firm 1 Jan-30 Sep 2010 is:€3,907,306 |
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