Written answers

Tuesday, 12 May 2015

Department of Finance

Central Bank of Ireland Properties

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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271. To ask the Minister for Finance the latest estimate for the cost of the new Central Bank of Ireland building; and if he will make a statement on the matter. [18218/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Under section 6B of the Central Bank Act 1942, as amended, the Central Bank Commission is responsible for administering the provision of accommodation and office and other equipment with a view to enabling the Central Bank to perform and exercise its functions and powers. As Minister for Finance I have no role in the matter.

The Central Bank has a dedicated page on its website () which provides updates on the progress of the project, including the project costs.  I have been informed by the Cental Bank that it will continue to provide updates to the website as the project develops. Recent project updates include the appointment of Walls Construction Ltd as Main Contractor on 13 April 2015.  Pre-construction works began on site in April 2015, with construction works commencing in early May 2015.

I have been informed by the Central Bank that the total estimated development costs are approximately €140m (inclusive of VAT) which includes land acquisition costs, development levies and estimates for construction costs, furniture fittings and IT/AV works, design team professional fees, insurance and other related costs.

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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272. To ask the Minister for Finance if he will provide details of the properties belonging to the Central Bank of Ireland; of all other properties where the Central Bank of Ireland business is carried out, for example, data centres and so on, inside and outside the State. [18219/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Under section 6B of the Central Bank Act 1942, as amended, the Central Bank Commission is responsible for administering the provision of accommodation and office and other equipment with a view to enabling the Central Bank to perform and exercise its functions and powers. As Minister for Finance I have no role in the matter.

I have been informed by the Central Bank that it owns 4 properties in Dublin City and 1 property in Sandyford. In addition, there are 2 leasehold properties in Dublin City at which ordinary Central Bank business is carried out.

The Central Bank has also informed me that in common with other State agencies, it has contracted arrangements with some third-party suppliers (including 3 data centres, based at various locations in Ireland). However all Central Bank work is directed and controlled from the premises listed in the schedule below.

Schedule of Central Bank buildings

Properties owned by the Central Bank:

Postal AddressRates Address
PO Box 559Central Bank of IrelandDame StreetDublin 241a,42,43,44,45 Dame Street

Dublin 2
PO Box 559Central Bank of IrelandDame StreetDublin 29 College Green

Dublin 2
PO Box 559Central Bank of IrelandDame StreetDublin 26,7,8 College Green

Dublin 2
Central Bank of Ireland

North Wall QuayDublin 1
Central Bank of Ireland

PO Box 61Sandyford Dublin 16
Sandyford Road

Dundrum

Dublin 16

Properties at which Central Bank business is carried out:

Central Bank of IrelandPO Box 11517Spencer DockNorth Wall QuayDublin 13 Spencer Dock

Block R1

North Wall QuayDublin 1
Central Bank of IrelandBlock DIveagh CourtHarcourt RoadDublin 2Block D

Iveagh Court

9/15 Harcourt Road

Dublin 2

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