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Dáil Éireann debate -
Tuesday, 16 Nov 1999

Vol. 510 No. 6

Written Answers. - Capital Projects.

Conor Lenihan

Question:

193 Mr. C. Lenihan asked the Minister for Finance the guidelines in existence for the assessment, monitoring and control of major public sector infrastructural projects. [23513/99]

The Guidelines for the Appraisal and Management of Capital Expenditure proposals in the Public Sector, published by the Department of Finance in July 1994, aim to assist public sector managers in their assessment of major capital projects. The guidelines set out the main steps which should be followed in evaluating and managing such projects, consider the major issues of principle involved and describe the principal methods of appraisal.

The principal stages of project appraisal and management set out in the guidelines are as follows: preliminary appraisal, to assess if a project has sufficient merit to justify a detailed appraisal; detailed appraisal, aimed at providing a basis for a decision on whether to approve a project in principle; planning, involving detailed planning and costing on a project, with a view to deciding if the project should be financed; implementation, which requires appropriate arrangements in relation to tendering, regular monitoring and cost-control; and post-project review, which aims to review the outturn of the project and whether appropriate appraisal and management pro-ced ures were used. In addition, there is a system of regular monthly monitoring of all Government expenditure against budget throughout the course of each year.
I will arrange for a copy of the guidelines to be forwarded to the Deputy.
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