In September 2010, following a public tender process, Indecon International Economic Consultants were awarded the contract to provide technical economic assistance to officials in Government Departments conducting Regulatory Impact Analyses (RIAs) and other technical exercises relating to the Better Regulation agenda. The aim is to help Departments improve the quality of the quantitative assessment of legislative proposals.
In the OECD Report on Better Regulation in Ireland (November 2010), the OECD recognised the need to improve the quality of quantitative analysis conducted in this context and to make greater use of this support. An earlier independent Review of the Operation of RIA, which was published in 2008, also recommended maintaining this support for Departments. The contract with Indecon International Economic Consultants is for a period of 2 years. Departments must first seek the prior approval of the Department of the Taoiseach to avail of this support and the number of consultancy days is agreed based on a needs assessment. To date, €13,929.70 has been spent under this contract.
In January 2007, following a tender process, Indecon International Economic Consultants were commissioned to conduct a review of the Irish Annuities Market. The Review was undertaken under the auspices of the Partnership Pensions Review Group comprising of representatives of Government Departments, the Pensions Board, IBEC and ICTU, and established under the terms of Towards 2016. The report of this review was published in October 2007. The cost of this review was €133,100.