I propose to take Questions Nos. 339 and 340 together.
The Public Spending Code came into effect in September 2013. As outlined in Circular 13/13: “The Public Spending Code: Expenditure Planning, Appraisal & Evaluation in the Irish Public Service-Standard Rules & Procedures”, the objective of the code is to ensure that best value is achieved by the state for the resources it has at its disposal.
The Quality Assurance Process of the Public Spending Code is made up of five steps.
Step 2 of the process relates to a threshold of €10 million.
‘The organisation’s Finance Unit should publish summary information on its website of all procurements in excess of €10m, related to projects in progress or completed in the year under review. A new project may become a “project in progress” during the year under review if the procurement process is completed and a contract is signed. Departments should also publish details of the website references where its agencies have placed information on procurements over €10m.’
The latest publication of the Quality Assurance Process of the Public Spending Code was published in 2019.
Guidelines procurement contracts