Written answers
Tuesday, 7 November 2017
Department of Finance
Departmental Contracts Data
David Cullinane (Waterford, Sinn Fein)
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221. To ask the Minister for Finance the contracts his Department or bodies under the aegis of his Department have with a company (details supplied) or its subsidiaries; the value of the contracts; the year in which the contracts were concluded; when the contracts will be up for renewal; and if he will make a statement on the matter. [46373/17]
Paschal Donohoe (Dublin Central, Fine Gael)
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I can inform the Deputy that my Department does not currently have any contracts with a company named 'Capita'.
In relation to the eighteen Bodies under the Aegis of my Department, I am informed that three have contracts with companies named CAPITA.
The National Asset Management Agency has two ongoing contracts with Capita Asset Service (Ireland) Ltd relating to loan administration. The National Treasury Management Agency has entered into six contracts with Capita IB Solutions (Ireland) Ltd relating to software and ancillary services, four of which are ongoing. The Financial Services Ombudsman Bureau has entered into one contract with Capita Business Services relating to internal auditing services.
Please see the table for further information. The Deputy should note that the year in which the contracts were concluded are the dates when the contract was signed.
| Body under the aegis of Department | Name of Company | Value of Contracts | Year Contracts were concluded | When ongoing Contracts will be up for renewal |
|---|---|---|---|---|
| National Asset Management Agency | Capita Asset Service (Ireland) Limited | (a) Master Servicer €17.2m* (b) Primary Servicer €66m* | (a) 2010 (b) 2013 | (a) 2020 (b) 2018 |
| National Treasury Management Agency** | Capita IB Solutions (Ireland) Ltd | (a) Integra Staff Expenses system - Managed Service €12,800 (b) Integra Staff Expenses system - Software Supply and Installation €64,400 (c) Integra Staff Expenses system - Software Support €5,506 (d) P2P system - Managed Service €12,000 (e) P2P system - Software Support €6,340 (f) P2P system - Software Supply and Installation €104,100 | (a) 2015 (b) 2014 (c) 2015 (d) 2014 (e) 2014 (f) 2013 | (a) 2020 with NTMA option to extend for 1 year (b) This contract has been completed (c) 2020 with NTMA option to extend for 1 year (d) 2017 with NTMA option to extend for 2 years (1st year extension in place) (e) 2017 with NTMA option to extend for 2 years (1st year extension in place) (f) This contract has been completed |
| Financial Services Ombudsman Bureau | Capita | Internal Audit Services €76,578.00 | 2014 | 2017 |
*Actual cumulative payments to YE2016; future payments will depend on level of activity and annual fees will decline as NAMA’s portfolio reduces.
** The NTMA assigns staff to the National Asset Management Agency (NAMA) and the Strategic Banking Corporation of Ireland (SBCI), and also provides them with business and support services and systems. NAMA and the SBCI are recharged a portion of the NTMA fees where appropriate.
I have been advised that all of the aforementioned contracts were procured in line with national and European Union procurement guidelines.
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