Dáil Éireann Debate, Thursday - 4 July 2013
174. Deputy Éamon Ó Cuív asked the Minister for the Environment, Community and Local Government the number of projects that were approved funding by his Department conditional on a bond being produced from a builder; the amount of the default by builders where such bonds were in place; the amount recovered through the use of bonds in such cases; and if he will make a statement on the matter. [32718/13]
Amharc ar fhreagraThe Capital Works Management Framework requires that bonds are in place for all public works contracts in excess of €500,000. My Department requires Contracting Authorities to comply with this requirement. However, detailed information relating to the bond in place for individual contracts is not available in my Department as this is a matter between the parties to the contract and not one in which my Department has any direct role.
