John McGuinness (Carlow-Kilkenny, Fianna Fail)
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Question 47: To ask the Minister for Finance if the Construction Contracts Bill will be debated by Dáil Éireann as soon as possible; and if he will make a statement on the matter. [5041/11]

Michael Noonan (Limerick City, Fine Gael)
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The Deputy will be aware that the Construction Contracts Bill which was introduced by Senator Feargal Quinn passed Committee and remaining stages in the Seanad on 8 March. I understand that the Seanad debate highlighted a number of matters relating to the Bill that require further consideration. It would also be imperative that the full regulatory impact of such a piece of legislation be fully assessed.

I will now be examining the Bill and will then decide how best to proceed. It is important that a solution to this problem must not place an unnecessary regulatory or cost burden on the parties to the dispute, other parties involved in the project, or the State.