PRODUCT PROFILE

Latest Dublin Prices

NAME
LATEST
CHANGE
Aer Lingus 1.69 -0.01 more
BoI 0.31 0.01 more
CRH 18.57 0.81 more
Glanbia 11.84 0.24 more
Greencore 0.64 -0.02 more
Ind. News 0.12 0.01 more
Ryanair 8.40 -0.01 more

 

Irish Water spent E50m on consultants

Thursday, January 09 16:06:10

The chief executive of Irish Water, John Tierney, said today that it had spend over E50m on consultants so far, much of it related to the establishment of Irish Water.

The company was set up from "a green field site" and was now ""up and running within the space of a year," he said.

So far E100m has been spend on the establishment of the utility company and "over 50 per cent" of that was on consultants, Mr Tierney told RTE Radio.

Much of the consultancy fees went to large firms based in the State and was on the basis of "open competition" and "fixed-price contracts", he said.

However he said Irish water would have "very limited expenditure" on consultants in the future because it had hired in the expertise directly.

The establishment of Irish Water was ongoing" and would be until 2015, he said. The utility was was "on time " and "within budget", he said.