Billy Timmins (Wicklow, Independent)
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130. To ask the Minister for Finance the consultants, if any, he has contracted since 1 January 2013 to advise on the possible sale of any assets; the current situation; the advice given and the terms and cost of the contract; and if he will make a statement on the matter. [41544/13]

Michael Noonan (Limerick City, Fine Gael)
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Where requested by Government, NewERA (a business unit in the National Treasury Management Agency (NTMA) is carrying out advisory and oversight roles in relation to the possible restructuring or disposal of commercial State company assets. NewERA’s role in these disposal processes is to assist and advise the relevant Government Departments in representing the Government’s financial interests in the context of asset disposals and to ensure that Government-agreed timelines and financial objectives are clearly communicated to the relevant parties. It is also the responsibility of NewERA to ensure that the Government Steering Group overseeing the transactions is kept fully informed of progress and developments with the goal of ensuring that the financial objectives of the process are achieved. In order to assist NewERA in its role, the NTMA (acting through its NewERA unit) have engaged three external consultants to provide advice in respect of various technical aspects of the proposed disposals of State assets, as set out in the following table: