Dáil Éireann Debate, Thursday - 4 July 2013
65. Deputy Éamon Ó Cuív asked the Tánaiste and Minister for Foreign Affairs and Trade the number of projects that were approved for funding by his Department conditional on a bond being produced from a builder; the amount of the default by builders where such bonds were in place; the amount recovered through the use of bonds in such cases; and if he will make a statement on the matter. [32720/13]
View answerThe premises occupied by my Department within the State are owned by or leased through the Office of Public Works which normally leads on the procurement for any necessary refurbishment or maintenance projects. Accordingly, the Department has not approved funding for projects within the State conditional on a bond being provided and consequently no defaults occurred nor were any amounts recovered through the use of such bonds. For works abroad, my Department acts in accordance with expert advice on local practice in the matter. A type of bond was put in place in respect of two projects in The Hague. These are the subject of ongoing litigation following non-completion of works by contractors.
