Dáil Éireann Debate, Wednesday - 18 October 2023
176. Deputy Eoin Ó Broin asked the Minister for Housing, Local Government and Heritage to confirm that New Era is undertaking a review of the LDA; to confirm the terms of reference of that review; and to state when it will be completed and when it will be published. [45563/23]
View answerNewERA provide financial and business advisory services with respect to the LDA to the Minister for Housing, Local Government and Heritage and the Minister for Public Expenditure, NDP Delivery and Reform in an ongoing capacity. Under the terms of reference agreed with NewERA and the Minister for Public Expenditure, NDP Delivery and Reform, NewERA provide advice to the Ministers and Departments with respect to Annual Accounts and Interim Accounts. When requested NewERA also provide advice on:
• Corporate Strategy, Investment Plans and Budgets
• Memoranda/Proposals for Government
• Shareholder Expectation Letter
• Ministerial Consents/Approvals
• Appointments to the Board of the LDA
• Remuneration of the Chief Executive
As the LDA's main shareholders, my Department and the Department of Public Expenditure, NDP Delivery and Reform, requested NewERA to provide advice on the DRAFT LDA Business Plan 2024-2028. Due to the potentially sensitive, commercial nature of such advice, it is considered confidential and will not published.
