Dáil Éireann Debate, Tuesday - 24 November 2015
170. Deputy Billy Timmins asked the Minister for Finance in regard to the National Asset Management Agency, the number of persons it employed, its wage bill and the cost of its office accommodation in each of the years 2010 to 2015 to date; the details of a contract (details supplied); if it has plans to move office location; and if so, the location. [41694/15]
Amharc ar fhreagraAll NAMA staff are employees of the NTMA and under section 42 of the National Asset Management Agency Act 2009, the NTMA assigns staff to NAMA. Staff numbers assigned to NAMA from 2010 to 2015 are contained in the table below. These figures represent the number of staff employed at the end of the relevant period.
|
Year |
Number of staff |
|
End of 2010 |
100 |
|
End of 2011 |
193 |
|
End of 2012 |
224 |
|
End of 2013 |
331 |
|
End of 2014 |
369 |
|
End of October 2015 |
341 |
The salary cost of staff who are engaged full time in the NAMA business are recharged by the NTMA. The total salary costs including pension are displayed in the table below.
|
Year |
€ million |
|
End of 2010 |
9.2 |
|
End of 2011 |
20.9 |
|
End of 2012 |
27.1 |
|
End of 2013 |
31.1 |
|
End of 2014 |
40.9 |
|
End of October 2015 |
33.1 |
NAMA's occupancy costs are set out for each year in its annual report and financial statements which are available on the NAMA website, www.nama.ie.
NAMA incurred fit-out cost in 2010 arising from the leasing and occupancy of office space at Treasury Building. John Sisk & Sons were engaged as the main contractors to undertake the fit-out works. It appears that the company referenced by the Deputy provided sub-contact services to John Sisk & Sons as part of this work. Neither the NTMA nor NAMA had a contract nor direct engagement with the sub-contractor referenced as this was a matter for John Sisk & Sons as main contractor.
The NTMA recently undertook a premises review in relation to its long term premises requirements. A shortlist of four office venues was identified with the North Wall Quay Project Wave site next to the planned new headquarters of the Central Bank being selected as the preferred option. Preliminary negotiations with the developer will now begin in order to secure an agreement. However, no agreement will be put in place until these negotiations have been finalised and due diligence has been completed, which may take some time. If everything goes according to schedule it is planned that the NTMA (including NAMA) would move to new premises in late 2018.
