John McGuinness (Carlow-Kilkenny, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

157. To ask the Minister for Finance if he is satisfied that the National Assets Management Agency and the statutory receivers appointed by it are fully compliant with procurement law in the manner in which NAMA or the statutory receivers procure contractors, advisors and other service providers for building projects; and the way the procurement process functions; and if he will make a statement on the matter. [44721/13]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

NAMA, as with other lenders, does not procure or manage contracts for contractors, advisors and other service providers on building projects in respect of properties securing its loans. The procurement and management of such contracts is a matter for the owner of the related land or property or, if one is in place, the Receiver. NAMA requires that its debtors and receivers ensure value for money in procuring this work. Where NAMA directly procures goods and services, it is subject to the rules of public procurement and the related tenders are advertised on NAMA's website, www.nama.ie and where applicable, the public procurement website, www.etenders.gov.ie.