My Department continues to monitor the situation with regard to the allocation and drawdown of funding under the LEADER elements of the Rural Development Programme 2007-2013 (RDP) . I advised all Local Development Companies (LDCs), including West Cork Development Partnership, of their revised Programme allocations in May 2013 and LDCs were given until 31 August to allocate any remaining available funding to ensure that all funding is allocated before the end of 2013. I understand that the project in question was not approved.
Currently there is approximately €20m in potential commitments at various stages of assessment with my Department and I envisage that this process will be complete by the end of October 2013. Following this, all LDCs, including West Cork Development Partnership, will be informed if there is any availability of unallocated funds with a view to reaching full programme commitment by the end of 2013. As the principal decision maker on project funding, it will be the responsibility of the LDC to determine what projects are allocated funding, should additional funding become available from the above process. I understand that the project in question is approved in principle.