Dáil Éireann Debate, Tuesday - 2 December 2014
231. Deputy John McGuinness asked the Minister for Finance the details of the National Asset Management Agency’s procurement policy; the procurement policy applied when NAMA requests borrowers to procure services; if this is a completely transparent policy; and where can it be reviewed. [46382/14]
View answerThe NAMA Board, pursuant to Section 15.1 of the Code of Practice for the Governance of State Bodies, has implemented a procurement policy to ensure compliance with the EU public procurement rules and to ensure NAMA achieves value for money when procuring services required by the agency.
The NAMA Procurement Policy applies to contracts procured by NAMA. NAMA borrowers are not governed by NAMA's Procurement Policy as they do not fall into the category of a public body/body governed by public law.
Details of contracts procured by NAMA can be found on the NAMA website http://www.nama.ie/procurement/.
