On 10th January Minister Ross and I announced provisional allocations totalling €77.4m for 25 projects under Stream 2 (construction) of the Large Scale Sport Infrastructure Fund (LSSIF). On 13th January we announced further provisional allocations of €5m for a further 7 projects under Stream
1 (design) of the LSSIF. A provisional allocation of €837,680 was announced for a Regional Sports Campus in Cavan under Stream 1 of the fund. My Department wrote to the Council confirming this on the 16th January.
The evaluation procedures and guidelines for the LSSIF provide that once provision allocations are announced, the successful projects will undergo a further process of due diligence. This process includes a further review of projects including economic appraisals and feasibility studies as appropriate to comply with the public spending code. This work is underway and the Department will continue to liaise with the successful promoters in the weeks ahead to advance all proposals.