Dáil Éireann Debate, Wednesday - 17 January 2018
242. Deputy Marcella Corcoran Kennedy asked the Minister for Housing, Planning and Local Government if the policy of the removal of staged payments to small and medium sized developers of new social housing under Rebuilding Ireland will be reinstated or alternatively if a bridging finance scheme can be provided; and if he will make a statement on the matter. [2325/18]
View answerThe large majority of social housing projects initiated by local authorities are implemented through standard contracts for public works, following a competitive tendering process. Contractors in such cases are paid on a staged basis as the project advances.
Local authorities may also acquire social housing either through acquisitions of second-hand or newly completed houses, or through turnkey developments. In these circumstances payment is made on delivery, which has been the approach utilised for a number of years. However, options do exist for local authorities to agree staged delivery with developers. Where suitable, this can facilitate the early delivery of completed housing and earlier payments to the developer.
