Dáil Éireann Debate, Tuesday - 16 May 2017
308. Deputy Michael McGrath asked the Minister for Public Expenditure and Reform if his Department has received a request for additional funding for a project (details supplied) in Cork city in addition to the €12 million already committed by the Government; the process for assessing such funding requests; the timeframe for same; and if he will make a statement on the matter. [22684/17]
View answerAt the outset, the Deputy may wish to note a review of the Capital Plan is currently ongoing. In this regard it is a matter for each Department, in the first instance, to examine the case for the provision of additional Exchequer resources to any proposed capital project - consistent with the value-for-money requirements set out in the Public Spending Code - and to consider whether the relevant project should comprise one of the Department's priorities for public capital investment advised to my Department in light of the additional capital resources to be allocated by Government on the basis of the outcome of the review.
I understand that the specific project referred to in the Deputy's question relates to the sectoral responsibilities of the Department of Arts, Heritage, Regional, Rural and Gaeltacht Affairs (D/AHRRGA) and it is a matter for that Department to further assess the proposed project in terms of any request for additional funding, in the first instance and to then seek this Department’s approval - in the context of the review of the Capital Plan.
It is expected that the review process will be completed in Quarter 3 of 2017, to enable the Government to make final decisions in due course on how the additional capital funding available should be allocated across priority areas for investment.
