National Development Finance Agency

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Oireachtas Committee on Finance Committee chair John McGuinness said he did not accept the Department of Public Expenditure’s position that “you just write policy and then you sit back”.
State ‘has duty’ to help subcontractors after Carillion collapse

The State was not a party to contracts to build schools and an institute of education that have collapsed and now threaten more than 100 small subcont(...)

Sammon Contracting entered examinership in April, citing the ‘devastating collapse’ of Carillion as the main cause in its High Court application. File photograph: Alan Betson
Collapsed school builders ‘received 98 per cent’ of fees due

Sammon Contracting received 98 per cent of payments for their work on school building project, that stalled after the firm entered liquidation in June(...)

The €100 million State school-building programme was stalled by the collapse of UK giant Carillion. Fears are growing that the schools will not be ready on time for their scheduled September opening. Photograph: Yui Mok/PA Wire
Bank working to restart construction on six State schools

One of the banks funding a €100 million State school-building programme, stalled by the collapse of UK giant Carillion, confirmed that it is working w(...)

BAM Group chief executive Theo Cullinane. It is understood BAM remains in the race to complete a €100 million schools construction contract, despite the liquidation of its partner in the project, Sammon Construction. Photograph: Eric Luke
BAM seeks to complete €100m schools contract after Sammon collapse

Builder BAM remains in the running to complete a stalled €100 million school building programme, despite the liquidation of its partner in the bid, Sa(...)

The schools’ original builder, Sammon Construction Ireland, went into liquidation this week. Photograph: iStock
Bank hopes to restart stalled €100m school-building project

One of the banks funding a €100 million State school-building programme, stalled by the collapse of UK giant Carillion, says it is working with the au(...)

Parents and students of Coláiste Raithin in Bray, Co Wicklow, whose new school building is being held up by the collapse of Carillion.
Fears for schools as builder Sammon is liquidated

Uncertainty over whether builder Sammon would be appointed to finish a €100 million schools construction project forced the contractor into liquidatio(...)

The British group Carillion collapsed owing £7bn to creditors. Photograph: PA Wire
New rivals to build and run schools left unfinished after Carillion collapse

Builders BAM and Sammon face competition from rivals including JJ Rhatigan and Sisk to build and run six schools left unfinished by the collapse of Br(...)

Carillion went to the wall owing £7bn to creditors, making it one of the biggest failures in the history of British construction. Photograph: Getty Images
State agency to meet schools over Carillion collapse

The State agency responsible for overseeing public building projects is due this month to meet some of those caught in the fallout from British constr(...)

DIT’s new campus which is taking shape in Grangegorman, Dublin. Photograph: Marie-Louise Halpenny.
DIT expansion of Grangegorman campus to create up to 1,300 jobs

Up to 1,300 jobs are set to be created over the next two years after a new phase in the development of DIT’s campus at Grangegorman received the green(...)

The new Government scheme will allow investors to pay for the construction of social homes that can be leased to councils, which can in turn rent them to tenants. Photograph: iStock
Richard Barrett’s Bartra signals readiness to build 400 social homes

The Richard Barrett-backed Bartra Capital Property could offer to build up to 400 social dwellings under a new Government scheme, its chief executive(...)

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