Dáil Éireann Debate, Tuesday - 21 June 2016
139. Deputy Pearse Doherty asked the Minister for Finance the amount paid to a firm (details supplied) to date and the expected final costs in respect of work on the Central Bank consolidation Bill; and if he will make a statement on the matter. [16941/16]
View answerA tender was awarded to the firm in question in November 2014 to assist the Department in the drafting of a Central Bank Consolidation Bill.
This is a very complex project that requires comprehensive examination of all of the collectively cited Central Bank Acts and that work is still ongoing.
The tender award price is a fixed fee of €100,000 irrespective of the time required to complete the project. No monies have been paid to date.
