Pearse Doherty (Donegal, Sinn Fein)
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139. To ask the Minister for Finance the amount paid to a firm (details supplied) to date and the expected final costs in repect of work on the Central Bank Consolidation Bill; and if he will make a statement on the matter. [16941/16]

Michael Noonan (Limerick City, Fine Gael)
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A tender was awarded to the firm in question in November 2014 to assist the Department in the drafting of a Central Bank Consolidation Bill.

This is a very complex project that requires comprehensive examination of all of the collectively cited Central Bank Acts and that work is still ongoing.

The tender award price is a fixed fee of €100,000 irrespective of the time required to complete the project. No monies have been paid to date.