Thomas Byrne
Question:246. Deputy Thomas Byrne asked the Minister for Education and Skills the contacts and communications he has had with a company (details supplied) in the context of the collapse of a company. [4368/18]
View answerTuesday, 30 January 2018
Questions (246)
Written answers
In respect of the Schools Bundle 5 PPP programme, a contract exists between my Department and the Principal contractor, Inspired Spaces. Inspired Spaces is the Special Purpose Vehicle (SPV) responsible for the design, construction, finance, operation and maintenance of the programme.
Although one of the companies referred to by the Deputy, a 50% shareholder in this SPV, has entered into liquidation, Inspired Spaces remains in place as the SPV responsible for delivery of Schools Bundle 5. The PPP contract between my Department and the SPV equally remains in place. The National Development Finance Agency (NDFA) manages that contract on behalf of my Department.
The other shareholder in the SPV is now required to intervene to ensure that the schools in the PPP programme are completed to the satisfaction of the State. It is currently in the process of developing a rectification plan and the outcome of this process will provide greater clarity in relation to likely school completion dates. It remains in close contact with the NDFA in that regard and has confirmed that resolution of the situation is its top priority.