The table details the information requested by the Deputy in relation to my Department and the Agencies under the remit of my Department. As the Deputy is aware, I do not have a role in the day to day commercial decisions taken by the boards and management of the covered banks, including in respect of the employment of external consultants and advisors. The management and board of the banks are aware of their duties to their shareholders to ensure that all costs incurred are necessary and reflect the needs to the business. The financial institutions covered by the State Guarantee use consultants in respect of many aspects of their operations. The Department of Finance does not compile a comprehensive list of these consultants. Such fees paid in respect of arrangements entered into with individual firms are deemed commercially sensitive.
The Financial Services Ombudsman Council, Financial Services Ombudsman's Bureau and Irish Financial Services Appeals Tribunal are also self-funded enterprises and I do not have a role in the day to day decisions taken by these bodies.
The NTMA group (including National Treasury Management Agency, State Claims Agency, National Pensions Reserve Fund, National Development Finance Agency and NAMA), is unable to provide the information requested in the time available. A reply will issue to the Deputy as soon as the information is to hand.
The Central Bank of Ireland cannot provide details of payments to individual consultants due to commercial confidentiality reasons. Their total professional fees for 2010 amounted to €7,097,044 (which includes legal fees of €1,070,974). Professional fees for 2011 amounted to €35,954,471. The majority of this (€29 million) relates to the PCAR/PLAR exercises performed in relation to the Irish credit institutions and also includes legal fees of €2,918,842.
The Central Bank has over the last several years retained McCann FitzGerald as its principal external legal adviser to provide specialist legal services to the Bank primarily in the areas of central banking, financial regulation, and High Court proceedings to which the Bank is a party. Additionally, the Bank has also engaged Arthur Cox to provide specialist financial services legal advice on individual projects; and the Bank has also retained the services of Byrne Wallace to provide specialist employment law advisory services. A number of individual barristers have also been used when required. The Bank reviews it legal panel arrangements from time to time.
Summary of contracts awarded — legal, professional and consultancy 2010 and 2011
|
Office/Agency
|
Value
|
Duration
|
Service provider
|
Tendered?
|
If not, why not and how was the provider selected?
|
|
Irish Fiscal Advisory Council
|
€12,908
|
The work specified in the contract was carried out between September 2011 and January 2012.
|
Dr. Robert Hagemann
|
No
|
Dr Hagemann is an expert in this field and was known to have the specific expertise required and to have satisfactorily undertaken similar work for the OECD. The contracted work was a key input into IFAC’s report on the Fiscal Responsibility Bill. At the time of awarding the contract, intended publication of the FRB was end 2011, therefore a rapid turnaround was an initial requirement.
|
|
Department of Finance
|
€15,125
|
May-10
|
Paul O’Higgins Senior Council
|
Yes
|
|
|
Department of Finance
|
€38,287
|
Feb — June 2010
|
Regling (KR Economics)
|
No
|
Mr Regling was appointed by the Minister for Finance, Mr Brian Lenihan T.D., to work alongside Mr Watson to conduct a preliminary investigation into the crisis in the banking system in Ireland.
|
|
Department of Finance
|
€59,814
|
Feb — June 2010
|
Watson (John Howell)
|
No
|
Mr Watson was appointed by the Minister for Finance, Mr Brian Lenihan T.D., to work alongside Mr Regling to conduct a preliminary investigation into the crisis in the banking system in Ireland.
|
|
Department of Finance
|
€7,638
|
Jan — Feb 2011
|
David Lennon
|
No
|
Counsel appointed on recommendation of Office of Attorney General
|
|
Department of Finance
|
€6,939
|
Jan — Feb 2011
|
Garret Byrne B.L
|
No
|
Counsel appointed on recommendation of Office of Attorney General
|
|
Department of Finance
|
€2,783
|
Renewed annually
|
A&L Goodbody Secretarial
|
Awarded by Dept of Industry and Commerce in 1985
|
A&L Goodbody helped establish SAT for the Department of Industry and Commerce in 1985, when Insurance Corporation of Ireland when into administration.
|
|
Office of the C&AG
|
€16,000
|
4 months
|
Petrus Consulting Ltd
|
Yes
|
|
|
Office of the C&AG
|
€32,800
|
2 months
|
Milliman Ltd
|
No
|
This was deemed a continuation of previous contract due to specialised knowledge and facts already with the Contractor
|
|
Office of the C&AG
|
€12,500
|
5 months
|
Tom Walsh
|
Yes
|
|
|
Office of the C&AG
|
€4,500
|
2 months
|
Productive Personnel Ltd
|
Yes
|
|
|
Office of the C&AG
|
€26,116
|
17 days
|
David Rainey
|
No
|
It was property advice in relation to the Audit of the National Asset Management Agency. The Office was advised by the valuation Office and Mr Rainey who is a former Commissioner for Valuation in Northern Ireland. It was considered impracticable to tender the work due to conflict of interest.
|
|
Office of the C&AG
|
€40,165
|
less than 6 months
|
Philip Lee Solicitors
|
No
|
After approaching a number of the large legal firms it became evident that tendering for legal services in relation to NAMA would be impracticable due to conflicts of interest
|
|
Office of the C&AG
|
€2,000
|
a week
|
Grace Dempsey
|
No
|
Individual chosen due to specialist knowledge
|
|
Office of the C&AG
|
€1,993
|
2 days
|
Access Accounting Ireland Ltd
|
No
|
Upgrade of existing accounts package made tendering impracticable
|
|
Office of the C&AG
|
€3,960
|
4 days
|
Access Accounting Ireland Ltd
|
No
|
Upgrade of existing accounts package made tendering impracticable
|
|
Office of the C&AG
|
€112,000
|
3 years
|
Philip Lee Solicitors
|
Yes
|
|
|
Office of the C&AG
|
€32,835
|
3 years
|
Deloitte
|
Yes
|
|
|
Office of the C&AG
|
€27,000
|
4 years
|
Mazars
|
Yes
|
|
|
Office of the C&AG
|
€34,500
|
1 year
|
DHKN
|
Yes
|
|
|
Office of the C&AG
|
€32,500
|
1 year
|
DHKN
|
Yes
|
|
|
Office of the C&AG
|
€27,500
|
1 year
|
Moores Stephens Nathans
|
Yes
|
|
|
Office of the C&AG
|
€27,600
|
1 year
|
Moylan Mulcahy
|
Yes
|
|
|
Office of the C&AG
|
€38,500
|
1 year
|
OSK
|
Yes
|
|
|
Office of the C&AG
|
€29,500
|
1 year
|
DHKN
|
Yes
|
|
|
Office of the C&AG
|
€21,700
|
1 year
|
DHKN
|
Yes
|
|
|
Office of the C&AG
|
€31,735
|
1 year
|
Moylan Mulcahy
|
Yes
|
|
|
Office of the C&AG
|
€33,000
|
1 year
|
Moore Stephens Nathans
|
Yes
|
|
|
Office of the C&AG
|
€62,002
|
2 years
|
Crowleys DFK
|
Yes
|
|
|
Office of the C&AG
|
€60,100
|
2 years
|
O’Connor Pyne
|
Yes
|
|
|
Office of the C&AG
|
€60,198
|
2 years
|
Moylan Mulcahy
|
Yes
|
|
|
Office of the C&AG
|
€45,842
|
2 years
|
Crowleys DFK
|
Yes
|
|
|
Office of the C&AG
|
€44,000
|
2 years
|
Moore Stephens Nathans
|
Yes
|
|
|
Office of the C&AG
|
€65,600
|
2 years
|
LHM Casey McGrath
|
Yes
|
|
|
Revenue
|
2010: €716,246.01 2011: €746,715.76
|
6 years from 1/1/10
|
Holmes O’ Malley, Sexton Limerick
|
Yes
|
|
|
Revenue
|
2010:€1,095,244.072011:€1,006,232.03
|
6 years from 1/1/10
|
Ivor Fitzpatrick and Co. Dublin
|
Yes
|
|
|
Revenue
|
2010: €239,377.62 2011: €571,874.15
|
6 years from 1/1/10
|
Lavelle Coleman and Co. Dublin
|
Yes
|
|
|
Revenue
|
2010: €615,068.15 2011: €687,422.49
|
6 years from 1/1/10
|
Mason hayes and Curran, Dublin
|
Yes
|
|
|
Revenue
|
2010: €712,809.63 2011: €918,844.76
|
6 years from 1/1/10
|
Matheson Ormsby Prentice, Dublin
|
Yes
|
|
|
Revenue
|
2010: €730,064.68 2011: €802,525.59
|
6 years from 1/1/10
|
Pierse and Fitzgibbon, Listowel
|
Yes
|
|
|
Revenue
|
2010: €639,838.16 2011: €111,744.98
|
New cases to end 2009.
|
George V. Maloney, Cavan.
|
Yes
|
|
|
Revenue
|
2010: €33,233.86 2011: €33,553.30
|
1 Aug 2008 — 31 Jul 2012
|
Connolly Sellors Geraghty
|
Yes
|
|
|
Revenue
|
2010: €3,876.84 2011: €7,814.18
|
1 Aug 2008 — 31 Jul 2012
|
Lee Solicitors
|
Yes
|
|
|
Revenue
|
2010: €3,222.20 2011: €3,437.61
|
5 Jan 2009 — 4 Jan 2013
|
Robert Cussen and Son
|
Yes
|
|
|
Revenue
|
2010: €6,100.00 2011: €7,660.00
|
1 Aug 2008 — 31 Jul 2012
|
Patrick F Treacy and Co
|
Yes
|
|
|
Revenue
|
2010: €8,719..26 2011: €6,691.30
|
1 Aug 2008 — 31 Jul 2012
|
McMahon Williams
|
Yes
|
|
|
Revenue
|
2010: €32,282.80 2011: €32,068.99
|
2 years from 1/11//11
|
Gerard O’ Leary
|
Yes
|
|
|
Revenue
|
2011: 10,690.35
|
|
Driver Focus
|
Selective
|
Public Procurement Threshold for tendering is > €25,000. However, in line with procurement guidelines a number of quotations would have been obtained before making the final selection (selective tendering). Also, specialist knowledge would have been a factor.
|
|
Revenue
|
2011: €229.04
|
|
Darlington Consulting
|
Selective
|
|
Revenue
|
2011: €300.00
|
|
Murray McCarter
|
Selective
|
|
Revenue
|
2011: €150.00
|
|
Riverside Medical Centre
|
Selective
|
|
Revenue
|
2011: €6,993.03
|
|
Baker Ryan Tilly Glennon
|
Selective
|
|
Revenue
|
2010: €7,278.00
|
|
Vector Workplace and Facilities Mgt Ltd.
|
Selective
|
|
Revenue
|
2011: €943.80
|
|
Vector Workplace and Facilities Mgt Ltd.
|
Selective
|
|
Revenue
|
2010: €21,980.27
|
|
Polaris HR Consultants
|
Selective
|
|
Revenue
|
2010: €2,178.00
|
|
James Adams
|
Selective
|
|
Revenue
|
2010: €8,712.00
|
|
DZMG — Archives Consulting Services
|
Selective
|
|
Revenue
|
2010: €3,003.35
|
|
Professor Sean Doyle
|
Selective
|
|
Revenue
|
2010: €871.20
|
|
Elevator Consulting Ltd
|
Selective
|
|
Revenue
|
2010: €544.50
|
|
Innovative Food Solutions
|
Selective
|
|
Revenue
|
2010: €2,099.81
|
|
Philip Lee
|
Selective
|
|
Revenue
|
2010: €15,447.40
|
|
Philip Lee
|
Selective
|
|
Revenue
|
2010: €656.80
|
|
Arthur Cox
|
Selective
|
|
Revenue
|
2011: €2,922.15
|
|
Arthur Cox
|
Selective
|
|
Revenue
|
2011: €14,345.18
|
|
Arthur Cox
|
Selective
|
|
Revenue
|
2010: €3,525.20
|
|
Doran Cray Architectural Services
|
Yes
|
Consultant architects were appointed by OPW in accordance with the necessary procedures from Property Maintenance Consultants list.
|
|
Revenue
|
2011: €12,856.50
|
|
Doran Cray Architectural Services
|
Yes
|
|
Revenue
|
2010: €5,141.75 2011: €66,535.22
|
|
Achilles Procurement Services
|
Selective
|
Specialised knowledge. Also, circa. €38,000 went to 3rd parties in legal and other fees.
|
