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Departmental Contracts

Dáil Éireann Debate, Tuesday - 1 December 2020

Tuesday, 1 December 2020

Ceisteanna (230)

Catherine Murphy

Ceist:

230. Deputy Catherine Murphy asked the Minister for Finance if he will provide a schedule of all consultancy firms, accountancy firms, legal firms, project management firms and IT firms his Department has engaged to carry out work on its behalf in 2018, 2019 and to date in 2020; if he will summarise the work they were engaged to do and the full costs of the engagements; if disputes over costs ensued; if they were resolved with or without sanctions and-or financial penalties and-or withholding of funds; and if contracts are subject to legal challenge or mediation. [40210/20]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

My Department has included a table providing a schedule of all consultancy firms, accountancy firms, legal firms, project management firms and IT firms engaged to carry out work on its behalf in 2018, 2019 and to date in 2020 including a summary of the work they were engaged to do and the full costs of the engagements; if disputes over costs ensued; if they were resolved with or without sanctions and or financial penalties and or withholding of funds; and if contracts are subject to legal challenge or mediation:

Year

Company Name

Details(Include summary of work the company were engaged to do)

Total payments made per year

Any disputes with the company over costs Y/N

2018

Bloomberg L.P.

Access to financial market data

€ 27,040.53

N

2018

William Fry

Legal Advice

€ 123,599.38

N

2018

Arthur Cox

Legal Advice

€ 428,718.24

N

2018

KPMG

Professional Services

€ 119,137.80

N

2018

PAS

Board Recruitment

€ 84,731.70

N

2018

A & L Goodbody

Legal Advice

€ 44,034.00

N

2018

Reveal Data Corporation

Legal: eDiscovery

€ 1,614.38

N

2018

Central Bank of Ireland

Fee in respect of services provided by the Risk and Resilience team (CBI) to the Financial Stability Group (FSG) agencies for the design and delivery of the FSG Crisis Simulation Exercise in 2017. [FSG Agencies include D/Finance, Central Bank and the NTMA]

€ 17,074.00

N

2018

Gwen Malone Stenography

Stenography services.

€ 2451.87

N

2018

Gwen Malone Stenography

Stenography services.

€ 2451.87

N

2018

Fitzpatrick Associates

Credit Demand Survey (Wave 1)*

€ 73,738.50

N

2018

Fitzpatrick Associates

Credit Demand Survey (Wave 2)*

€ 73,738.50

N

2018

Language Communications

Switch your Bank Phase II: Creative, Web Development, Project Management, Management and Media Fees**

€ 405,900

N

2018

PwC Executive Search

This payment relates to consultancy to recruit members of the Central Bank Commission.

€ 30,750.00

N

2018

Michael G. Tutty

Payment for a report on the Regulation of Personal Contract Plans (PCPs).

€ 3770.00

N

2018

Indecon International Economic Consultants

This payment is for an independent report conducted by Indecon entitled the Benchmarking of Ireland’s Payments Industry.

€ 96,890.79

N

2018

Matheson

Payment in respect of the consolidation of the Central Bank Acts.

€ 123,034.87

N

2018

TMF Corporate Secretarial Services Limited

Fee for the appointment of a Process Agent as per the Guarantee and Indemnity deed for a loan from the European Investment Bank and the Housing Finance Agency. This deed was countersigned by the European Investment Bank and the Minister for Finance in May 2017 and is expected to be in force for approximately 25 years (the loan duration). The appointment of a Process Agent is one of the condition precedents of the deed.

€ 816.48

N

2018

William Fry

Fees paid by the Department in respect of legal costs relating to State Aid

€ 347,575.85

N

2018

Indecon Economic Consultants

Help to Buy Cost Benefit Analysis

€ 93,353.00

N

2018

Indecon Economic Consultants

Review of Employment and Investment Incentive

€ 93,517.00

N

2018

Indecon Economic Consultants

Report on the Taxation of Vacant Residential Property

€ 154,493.00

N

2018

Law Library and Four Courts

Discovery and Documentary Review Services

€ 4,879.45

N

2018

Jim Power Economics Limited

Evaluation of the Department's Macroeconomic and Fiscal Forecasts

€ 17,220.00

N

2018

Macrobond Financial AB Consultancy

Software/stats updates provided by Macrobond to facilitate the analysis done in Economics Division

€ 25,437.50

N

2018

Economic and Social Research Institute

Joint Research Programme with the Department of Finance

€ 230,241.50

N

2019

Bloomberg L.P.

Access to financial market data

€ 27,378.46

N

2019

Arcline

Review of draft updated records management policy

€ 307.50

N

2019

Grant Thornton

A review of the business model of the Department’s in-house Print Room service, with recommendations for a future model of service delivery and opportunities for improvement.

€ 23,985.00

N

2019

William Fry

Legal Advice

€ 276,426.67

N

2019

PAS

Board Recruitment

€ 46,022.50

N

2019

Arthur Cox

Legal Advice

€ 38,507.63

N

2019

Europus

Translation

€ 334.31

N

2019

Lilley Ventures (previously Reveal Data Corp)

Legal: eDiscovery

€ 8,746.03

N

2019

Language Communications

This payment is for hosting the www.switchyourbank.ie website for 2019**

€ 2066.40

N

2019

Social Finance Foundation

The Social Finance Foundation commissioned research into Unlicensed Moneylenders and the Department through its membership of the Personal Micro Credit Task Force contributed to a portion of the funding required for this research.

€ 5000.00

N

2019

William Fry

€24,600 was paid in March to William Fry for legal advice on Accelerated Extrajudicial Collateral Enforcement (AECE) Directive.

€ 24,600.00

N

2019

Merc Partners

This payment relates to consultancy to recruit the new Central Bank Governor.

€ 69,966.26

N

2019

Central Bank of Ireland

Fee in respect of services provided by the Risk and Resilience team (CBI) to the Financial Stability Group (FSG) agencies for the design and delivery of the FSG Crisis Simulation Exercise in 2018. [FSG Agencies include D/Finance, Central Bank and the NTMA]

€ 16,810.00

N

2019

William Fry

Fees paid by the Department in respect of legal costs relating to State Aid

€ 88,749.25

N

2019

Indecon Economic Consultants

Economic consultancy provided by Indecon in respect of the Air Travel Tax litigation.

€ 319,075.53

N

2019

Indecon Economic Consultants

Review of Special Assignee Relief Programme

€ 107,010

N

2019

Indecon Economic Consultants

Review of CGT Entrepreneurial Relief

€ 104,119.50

N

2019

Daniel J. Edelman Ireland Limited

Provision of specialist advice on using social media in overseas markets to promote Ireland for Finance

€ 24,395.00

N/A

2019

William Fry

Legal Research

€ 54,400.00

N/A

2019

Freshfields Bruckhaus Deringer LLP

Legal Research

€ 20,000.00

(€4,000.00 - Withholding tax)

2019

Softworks

Upgrade Time and Attendance system to current version

€ 6,608.79

N

2019

Economic and Social Research Institute

Joint Research Programme on the Macro-economy and Taxation

€ 97,822.00

N

2019

Economic and Social Research Institute

Joint Research Programme on the Macro-economy and Taxation

€ 137,322.00

N

2019

Macrobond Financial AB Consultancy

Software/stats updates provided by Macrobond to facilitate the analysis done in Economics Division

€ 12,937.50

N

2020

Bloomberg L.P.

Access to financial market data

€ 21,119.07

N

2020

William Fry

Legal Advice

€ 125,975.99

N

2020

A&L Goodbody

Legal Advice

€ 15,990.00

N

2020

Arthur Cox

Legal Advice

€ 28,615.16

N

2020

RSM

Professional Services

€ 30,442.50

N

2020

KPMG

Professional Services

€ 24,600.00

N

2020

PAS

Board Recruitment

€ 9,175.00

N

2020

Lilley Ventures

Legal: eDiscovery

€ 17,928.88

N

2020

Fitzpatrick Associates

Credit Demand Survey (Wave 3)*

€ 73,738.50

N

2020

Fitzpatrick Associates

Credit Demand Survey (Wave 4)*

€ 73,738.50

N

2020

Language Communications

This payment is for hosting the www.switchyourbank.ie website for 2020 **

€ 2066.40

N

2020

Indecon International Economic Consultants

This payment is for an independent report conducted by Indecon entitled the Evaluation of Concept of Community Banking in Ireland.

€ 133,393.50

N

2020

Fitzpatrick Associates

Credit Demand Survey (Wave 5)*

€ 73,738.50

N

2020

Fitzpatrick Associates

Credit Demand Survey (Wave 6)*

€ 73,738.50

N

2020

William Fry

Fees paid by the Department in respect of legal costs relating to State Aid

€ 95,416.02

N

2020

Daniel J. Edelman Ireland Limited

Provision of specialist advice on using social media in overseas markets to promote Ireland for Finance

€ 4,879.00

N/A

2020

McCann Fitzgerald

Advice re: AMLD 5

€ 22,564.90

N/A

2020

Economic and Social Research Institute

Joint Research Programme on the Macro-economy and Taxation

€ 147,974.00***

N

2020

Macrobond Financial AB Consultancy

Software/stats updates provided by Macrobond to facilitate the analysis done in Economics Division

€ 34,400.00***

N

2020

Capital Economics

Subscription to regular economic data and analysis updates

€ 15,000.00***

N

Note:

*The bi-annual Credit Demand Survey is an independent and statistically significant report into the Irish SME landscape and the availability of, and demand for, credit. The full cost of the survey is recouped from participating banks.

**The Switch your Bank campaign is a public awareness campaign to raise awareness and promote customer switching of financial products and is facilitated by the Department of Finance as part of its remit to ensure that consumers are protected within the financial sector in Ireland. The cost of the Switch your Bank campaign is fully recoupable by AIB and Permanent TSB in the context of their restructuring plans.

*** Figures ex VAT (not applicable)

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