Written answers
Monday, 11 September 2017
Department of Finance
Help-To-Buy Scheme
Tommy Broughan (Dublin Bay North, Independent)
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87. To ask the Minister for Finance the cost of a group's (details supplied) review of the help-to-buy scheme; and if he will make a statement on the matter. [38655/17]
Paschal Donohoe (Dublin Central, Fine Gael)
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The group to which the Deputy refers was awarded the contract for the review of the Help to Buy initiative following a competitive tender process conducted in accordance with the relevant procedures.
The precise final amount payable upon the satisfactory completion of the review is dependent on allowable additional costs, if any, and so is not yet known. However, I can confirm to the Deputy that the base contract amount agreed with the contractor is consistent with the anticipated cost estimate, set out in paragraph 1.6 of the Request For Tenders document already published by my Department which was "some €50,000 (excl. VAT)".
The final amount paid to the contractor will be published in due course.
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