Written answers
Thursday, 6 March 2014
Department of Finance
NAMA Operations
Michael McGrath (Cork South Central, Fianna Fail)
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47. To ask the Minister for Finance the rates agreed by the National Asset Management Agency as part of the tender process for insolvency services; and if he will make a statement on the matter. [11239/14]
Michael Noonan (Limerick City, Fine Gael)
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I am advised that this information cannot be released because it is of a commercially sensitive nature and was provided to NAMA on the understanding that it would be treated as confidential as part of the tender process. I am assured that a key criterion in the selection of service providers by NAMA is the extent to which they can provide value for money for the taxpayer.
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