The level of expenditure within the TAMS II Schemes is being monitored and approvals and payments continue on an on going basis.
The budget allocation for the RDP period is €395m. The annual budget allocations are the subject of discussions with DPER.
A spending review of the TAMS Schemes was undertaken by DPER in October 2017. At that stage the level of drawdown was relatively low compared to the approvals that were in place for investments under the Scheme. The current situation is that weekly payments in the past 8 months have averaged over €1.1m in respect of completed investments. Expenditure on the Scheme to date has reached €64m. The Department has taken steps to address the unpredictability of expenditure under the Scheme by shortening the window between the date of approval and submission of payment claim for works completed.