Written answers
Thursday, 18 November 2010
Department of Finance
Departmental Investigations
5:00 pm
Lucinda Creighton (Dublin South East, Fine Gael)
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Question 83: To ask the Minister for Finance the number of external reports and reviews commissioned by State agencies and boards under his remit in 2008, 2009 and to date in 2010; if he will name each report and review; the spending on external reports and reviews in each of those years; and if he will make a statement on the matter. [43507/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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There were 160 external reports or reviews commissioned by bodies under the aegis of my Department in the period in question . Details of the reports or reviews commissioned are contained in the following tables
National Treasury Management Agency ( Inclusive of State Claims Agency, National Development Finance Agency, National Pension Reserve Fund and National Asset Management Agency) 2008 National Treasury Management Agency
Body | Name of Report or Review | Cost(ex VAT) |
National Treasury Management Agency | PwC Review of Technical and Operational Procedures in relation to the Prize Bond Scheme | ** |
2009
Body | Name of Report or Review | Cost(ex VAT) |
National Treasury Management Agency | London Economics Report on Derivation of Long-Term Economic Value Adjustment Factors | €94,080 |
2010
Body | Name of Report or Review | Cost(ex VAT) |
National Treasury Management Agency | Accenture Review of NTMA Corporate Services | ** |
National Pension Reserve Fund Commission
2008
Body | Name of Report or Review | Cost(ex VAT) |
National Pension Reserve Fund Commission | WM Review of Fund Investment Performance | ** |
2009
Body | Name of Report or Review | Cost (ex VAT) |
National Pension Reserve Fund Commission | PwC Due Diligence Report on Bank of Ireland* | €650,000 |
National Pension Reserve Fund Commission | PwC Due Diligence Report on Allied Irish Banks plc* | €650,000 |
National Pension Reserve Fund Commission | Arthur Cox Due Diligence Report on Bank of Ireland* | €500,000 |
National Pension Reserve Fund Commission | Arthur Cox Due Diligence Report on Allied Irish Banks plc* | €900,000 |
2010
Body | Name of Report or Review | Cost (ex VAT) |
National Treasury Management Agency | Aksia Review of Hedge Funds Investment Strategy. | ** |
*These reports were commissioned at the request of the Minister for Finance in the context of the State's preference share investment through the National Pensions Reserve Fund in Bank of Ireland and Allied Irish Banks plc.
**Commercial confidentiality provisions in the relevant contracts preclude the publication of the fees paid in respect of these individual reports. However, the total costs (ex VAT) in respect of the 9 reports referred to above are €3,131,330
Special EU Programmes Body
The Cost in relation to the reports and reviews carried out by the Special EU Programmes Body listed below would have been jointly funded by the European Union, the Department of Finance and the Department of Finance and Personnel. The majority of the Reports and Reviews were commissioned for the INTERREG IVA and PEACE III European Structural Funds Programmes. The EU funds 75% of INTERREG IVA programme costs and 67.5% of the PEACE III Programme costs, with Ireland and the United Kingdom providing the remaining funding.
The Special EU Programmes Body is responsible for the management of the PEACE III and INTERREG IVA Programmes which value some €333m and €256m respectively. In line with public expenditure requirements and as agreed with Accountable Departments, all applicants seeking funding under the Programmes are subject to a robust and defined assessment process. All applications meeting the basic eligibility criteria and seeking funding of over £500,000 will automatically be subject to a full Economic Appraisal (EA). These appraisals make up the majority of external reports and reviews commissioned by the Special EU Programmes Body.
Please note that there are a number of instances where a contract has been awarded to a provider for completion of a block of Economic Appraisals. Detail on the individual Economic Appraisals contained within these contracts is not available within the required timeframes but can be provided upon request.
The information presented is based on the Special EU Programmes Body Consultant Register as at 16 November 2010 and costs outlined within Tables 1-3 are based on the total costs stipulated at the time of award of contract. Should a contract complete under budget, this will not be reflected within the Tables. The Special EU Programmes Body appraisals make up the majority of external reports and reviews commissioned by Special EU Programmes Body.
Please note that there are a number of instances where a contract has been awarded to a provider for completion of a block of Economic Appraisals. Detail on the individual Economic Appraisals contained within these contracts is not available within the required timeframes but can be provided upon request.
The information presented is based on the Special EU Programmes Body Consultant Register as at 16 November 2010 and costs outlined within Tables 1-3 are based on the total costs stipulated at the time of award of contract. Should a contract complete under budget, this will not be reflected within the Tables. The Special EU Programmes Body estimates that the number of contracts to which this applies is negligible. Should however, further costs be incurred on a contract, these will be described as Annex Bs within Tables 1-3. Table 1: External Reports and Reviews Conducted by SEUPB in 2008
Name of Report or Review | Cost £ | Cost € |
East Border Region Multi-Annual Plan | 8,166 | |
North East Partnership Multi-Annual Plan | 11,103 | |
Centre for Sport & Interculturalism | 8,812 | |
Programme Branding Review | 40,000 | |
EA Annex B - East Border Arts Project (Original Annex A 95/04) | 3,466 | |
EA Annex B - Sharing a vision for our coastline (Original Annex A 39/06) | 2,879 | |
EA Annex B - Geographical Information Project (Original Annex A 45/06) | 2,726 | |
EPI Project | 3,525 | |
Destination North West | 4,230 | |
Cross Border Railway Cluster | 3,290 | |
NWEEC Waste Management | 3,290 | |
Impact Evaluation for the INTERREG IIIA Programme | 25,554 | |
Assessment & EA of the Multi Annual Plans submitted by COMET, ICBAN & NWRCBG | 17,927 | |
EA Annex B - Composting for the Mushroom Industry | 5,950 | |
Off Shore Electricity Transmission Grid Between Ireland, N. Ireland & Scotland | 6,991 | |
Economic Appraisal (EA) - Programme specification for the Creative Industries Sector | 5,611 | |
To undertake an independent assessment and review of the Project Kelvin. | 5,875 | |
Economic Appraisal to cover additional founds to the SYNERGY Project. | 4,112 | |
Addendum to the Economic Appraisal to cover additional funds to the Digital Media Works Project | 2,937 | |
To undertake an Economic Appraisal of the Sail West Project Under INTERREG IVA | 6,756 | |
To undertake an Economic Appraisal on PEACE III, Priority 2.1 project - Balloo Community Wetland Project - North Down Borough Council | 5,874 | |
To undertake an Economic Appraisal on PEACE III, Priority 2.1 project - Castlesaunderson - All Ireland Scouting/Jamboree Centre - Cavan County Council | 8,166 | |
Production of Common Chapter (North/South) Activity Report for 2006 | 18,682 | |
EA- Annex B - North East Partnership Multi-Annual Plan | 2,115 | |
East Border Region Multi-Annual Plan | 2,673 | |
EA & project assessment of 4 local authority peace & reconciliation action plans | 29,421 | |
EA & project assessment of 5 local authority peace & reconciliation action plans | 37,600 | |
EA & project assessment of 5 local authority peace & reconciliation action plans | 32,959 | |
Economic Appraisal Transforming Conflict in Border Communities | 9,635 | |
Analysis study of Protestant working class areas and the development of a Peace III project proposal | 20,327 | |
EA on actions contained within EBR's Collaboration Theme of their Multi Action Plan | 21,358 | |
EA on actions listed within ICBAN's Collaboration Theme of their Multi Action Plan | 15,030 | |
EA on actions listed within North West Region Cross Border Group's Collaboration of Multi Action Plan | 12,500 | |
Management of the successful dissolution of LSP companies seeking to close following P2 programme | 53,239 | |
EA Northern Ireland Prison Service application | 4,600 | |
EA of 9 PEACE III 1.1 projects | 33,120 | |
EA of 6 PEACE III 2.1 projects | 22,080 | |
Total € | 785,897 |
Table 2: External Reports and Reviews Conducted by SEUPB in 2009
Name of Report or Review | Cost £ | Cost € |
Design and implementation of a functional records management policy & system | 19,164 | |
EA on the Resource I/Reg IVA Project | 5,750 | |
EA Achieving Sustainable Councils | 5,750 | |
EA Connexions | 4,082 | |
EA Blackwater River Catchment Project | 5,750 | |
EA on Workspace at Enniskillen Airport/Innovative Enterprise Prog/HAATCH Projects | 14,950 | |
EA Annex B EA PEACE III Priority 1.1 Children and Young People Building Relations(original 70/07) | 1,028 | |
EA Annex B Conflict Transformation from the bottom up(original 75/07) | 2,937 | |
EA on business incubation support for Belfast/North Down/Sligo | 6,325 | |
EA on the innovation and growth programme for NEP which aims to build the success of previous Product Transfer programme | 3,565 | |
Establish a Rural Environmental Co-operative which will provide cross border catchment services to farmers and rural households in Lough Melvin | 6,325 | |
EA for proposed collaboration project from RNIB with NCBI and deafhear | 6,613 | |
EA Collaboration to fund a project aimed at building infrastructure to address current shortage of language service professionals working with the deaf | 4,025 | |
EA Collaboration between DHSSPS & DELHLG & NIFRS with six fire and rescue services in the border | 4,313 | |
EA Annex B - EA Success through Succession - (original annex A = 41/08) | 3,140 | |
EA Cooperation and Working Together - (original Annex A = 33/08) | 5,493 | |
EA On Diversity Across Border Projects | 4,025 | |
Ea Borderwise Cross Border Project | 4,542 | |
To undertake additional work required on the common Chapter Report | 920 | |
EA on two operations within marine tourism and angling development project | 3,795 | |
Annex B Create dvd to mark the closure of PEACE and INTERREG IIIA (original 87/08) | 8,321 | |
Development of SEUPB Website so it meets current best practice | 52,499 | |
EA Developing Governance in Transition/Vital Links/Int Childhood Network/FAIR/ The Most Project | 14,850 | |
Annex B EA BNcB | 3,482 | |
Business Plan for Peace III Priority 2.1 project Clones Erne East Sports Partnership | 6,037 | |
EA for an energy project | 5,750 | |
2 EA The Power of Possibility and Developing a Peace Building Infastructure | 8,395 | |
EA on PEACE II 1.1 Promoting Inter-Culturalism North/South | 4,600 | |
EA of the Construction Business project under the Enterprise Theme of ICBAN's MAP | 3,479 | |
EA of The Green Business Project under the Enterprise theme of ICBANs MAP | 4,594 | |
EA on the Cultural Tourism Network project form the COMET MAP | 4,477 | |
EA of 3 projects in the NEP MAP under tourism theme Biker Trip/Causeway Coast/Gobbins | 12,592 | |
EA on 3 projects under the Tourism Theme of the North West Regions Multi Action Plan | 9,487 | |
EA of 4 projects in the ICBAN MAP= Border uplands/ECO Tourism/Crossborder angling/Events and Festival Management Support | 16,503 | |
Review PEACE III+INTERREG IVA programmes performance | 74,115 | |
EA Annex B Borderwise Cross Border Project | 1,144 | |
EA Annex B Connexions | 1,064 | |
EA Annex B on Loughs Agency, Marine Tourism & Angling Project in Foyle and Carlingford | 3,770 | |
EA Annex B on the ifactory application | 1,880 | |
EA for East Border Region Partnership application under tourism | 12,075 | |
Completion of Sports Dev Plan for PEACE III Clones Erne/East Sports Partnership | 4,600 | |
EA Annex B Consultant to address comments from DETI on BNCB proposal under INTERREG IVA | 799 | |
EA on 2 FAIR projects/CAPABLE project/BOBCAT project | 6,635 | |
EA of one Co-operation Ireland project - Effective Choices Helping Ourselves | 3,450 | |
EA on the continuation of WAVE key services | 6,900 | |
EA Annex B To update Tradelinks II application | 1,552 | |
EA Annex B EBR Wider Cross border Regional Work | 1,573 | |
EA Intertrade Ireland/East Border Region/North West Region Cross Border Group | 4,600 | |
EA Annex B on the Resource I/Reg IVA Project | 1,088 | |
5 EA relating to The Administration Costs of the Cross Border P/ship Groups receiving funding under INTERREG IVA | 14,087 | |
Propose a methodology to the Member States on the appropriate methods and rates to be applied to facilitate simplification of management administration and control of ERDF funded organisations | 8,104 | |
To review the contract and completed works for the Strabane-Lifford Waterways | 3,237 | |
3rd Annex B EA on the Tradelinks II application-worked not covered in original TOR | 120 | |
EA Annex B Sailwest | 6,095 | |
2 EA Moving away from violence project and International network of youth centred public service providers project | 9,200 | |
4 EA Group A Forward learning/Sligo Vo Educ Comm/Rural Dev Council/NW Play resource centre | 14,778 | |
4 EA Group B Cooperation Ireland/Irish congress of Trade unions/PSNI/BCC Growing a learning city | 14,778 | |
Perception Surveys | 10,275 | |
EA Annex B North West Regional Sports campus | 548 | |
EA 2nd Annex B North West Regional Sports campus | 1,150 | |
2 EA Spatial Planning Analysis and Info sharing and Urban-village renewal | 7,100 | |
To undertake a needs analysis study on West Tyrone Voice and to develop a project pipeline in order to submit an application | 3,750 | |
Undertake Greenbook EA Settlement Regeneration Programme | 2,507 | |
Due Diligence Report on North and West housing Ltd | 5,623 | |
12 Green book economic appraisals | 61,922 | |
12 Green book economic appraisals | 53,820 | |
12 Green book economic appraisals | 63,705 | |
12 Green book economic appraisals | 41,193 | |
10 Green book economic appraisals | 67,850 | |
Commercial appraisal assignment of a company in the property/aircraft maintenance sector Enniskillen airport | 5,520 | |
EA Annex B Conflict Transformation from the bottom up(original 75/07)1st annex b=08/09 | 1,762 | |
12 Green book economic appraisals | 61,922 | |
Consultant to carry out the work and activities of working group one of the Peace Network | 25,500 | |
EA Annex B HAATCH/Enniskillen airport and the Innovative Enterprise Programme | 2,555 | |
Total € | 1,040,280 |
Table 3: External Reports and Reviews Conducted by SEUPB in 2010
Name of Report or Review | Cost £ | Cost € |
Review of the proceeds of the sale of Castlesaunderson lands by scout foundation-jamboree centre project | 587 | |
Preparation of proposal for the member states on the application of flat rate costs calculated by standard scales of unit cost to health sector project | 9,790 | |
In depth analysis of Major Grant Project, Project Kelvin, to address queries from European Court of Auditors. | 6,345 | |
Evaluation of PEACE III, Priority 1.1 Project Positive relations | 10,141 | |
12 Economic Appraisals | 54,990. | |
12 Economic Appraisals | 56,400 | |
12 Economic Appraisals | 54,919 | |
12 Economic Appraisals | 45,825 | |
12 Economic Appraisals | 57,208 | |
To undertake a review of Theme 1.2 of the PEACE III Programme | 19,385 | |
EA Annex B EBR Action for Bio Diversity | 1,329 | |
EA Annex B NWR Spatial Planning | 4,698 | |
EA Annex B EBR Energy and training and monitoring | 1,117 | |
EA Annex B NWR Urban and Rural Village renewal | 835 | |
EA Annex B NEP Causeway Connections | 1,469 | |
EA Annex B NEP Gobbins and Sliabh Liag | 2,291 | |
EA Annex B ICBAN Angling Project | 1,469 | |
EA Annex B ICBAN Eco Tourism Project | 1,469 | |
EA Annex B HATTCH, Enniskillen Airport. ICBAN's enterprise application | 4,821 | |
To undertake a review of the impact of the activities under each local action plan Theme 1.1 PEACE | 19,385 | |
Addendum to EA Castlesaunderson all Ireland scouting jamboree project | 1,762 | |
Addendum to EA of Orange Community Network | 1,410 | |
Development and design of SEUPB intranet system | 12,480 | |
Forensic Audit of a lead Partner- suspected fraud | 32,900 | |
Report to ascertain the impact of the removal of project partner from the Irish Peace Centres project | 4,641 | |
Perception and awareness survey | 11,039 | |
EA on Two sub-projects within the Lough Agency Marine Tourism and Angling Development Projects | 2,876 | |
Attitudinal Survey within the PEACE III Programme | 41,019 | |
Addendum to economic appraisal for Women into Public Life. | 1,243 | |
The Rural Enabler | 4,700 | |
Total € | 515,402 |
Anglo Irish Bank
Consultancy charges outside the normal course of business in 2009 and 2010 ( cash out basis and to Sept 2010) were as follows:
Name of the Report or Review commissioned | €m |
Restructuring Plans | 18.8 |
Nama related charges | 16.7 |
Legacy issues | 9.3 |
Liability Management exercise | 7.4 |
Redundancy & HR | 1.5 |
ELG Scheme | 0.1 |
CIFs Scheme | 0.2 |
Nationalisation | 1.6 |
Other* | 1.5 |
* other includes special items primarily consists of consultants hired to assist with the restructuring plans and NAMA related valuation costs.
Central Bank of Ireland
In addition to the reports listed above a number of reports or reviews were carried out by external parties on behalf of the central bank of Ireland (including the Financial Regulator for pre – October 2010) in the period 2008 to date in 2010. Details of the reports are included in the following tables:
2008
Name of Report or Review |
Financial Capability Study consultancy for 2008/09 |
Financial Capability Study consultancy for 2008/09 |
Loanbook analysis and assessment review |
Review of trading controls |
Consumer tracking research |
Report on calculating a consumer rebate |
Review of the Life Assurance Disclosure Regulations |
Consumer Research for Review of the Intermediary Market |
Total costs for 2008 € 4,295115 |
2009
Name of Report or Review |
Review of Business Processes |
Review of Directors Loans |
Review of Banking System pre NAMA (at request of Department of Finance) |
Total Costs 2009 €778,724 |
2010
Name of Report or Review |
Strategic Review of the Credit UnionSector in Ireland (requested by the Minister for Finance) |
Organisational effectiveness of financial sector regulators/Supervisors |
Due Diligence Report (at request of Department of Finance) |
Review of NAMA Asset Valuation Methodology |
Total Costs to date 2010 €2,031,423 |
In addition the consultative consumer and industry panels commissioned reports in 2008 to date in 2010. The reports cost €114,836 in 2008, €4,860 in 2009 and €4,599 in 2010.
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