Dáil Éireann Debate, Tuesday - 15 February 2022
937. Deputy Claire Kerrane asked the Minister for Agriculture, Food and the Marine his plans to increase the amount paid to applicants with regard to the targeted agricultural modernisation schemes grant to reflect the current increase in building costs; and if he will make a statement on the matter. [7520/22]
View answerThe reference costs of the individual investment items available under the TAMS schemes are kept under continuous review during the lifetime of the scheme. Revised costings were introduced for investments twice since the opening of the scheme, in September 2018 and again in July 2021.
The costings revised with effect from 24th July 2021 applied to Tranches 23, 24 and 25. Tranche 25 is currently open for applications until 8th April 2022.
The reference costs under TAMS II are currently being reviewed again by my Department. Any changes identified will be considered once this review is completed. As was the case when reference costs were previously revised, the changes to the reference costs will apply to applications submitted on or after the date of introduction. I would also like to point out that it is open to applicants to withdraw an existing application and submit a new application should they wish to do so.
