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GBS Round Three

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  • 07-06-2006 11:44am
    #1
    Sponge Bob
    Banned (with Prison Access) Posts: 25,234 ✭✭✭✭


    The DCMNR was supposed to announce the overdue 3RD Round of GBS funding this month. I hear the money is not there but at present I am unaware what happened to it.

    The second round closed in April 2005.


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    #2
    viking
    Registered Users Posts: 1,504 ✭✭✭viking


    €4 million has been earmarked for the second phase of this initiative, out of a total multi-annual budget of €25 million.

    What do you mean not there? There should be €25m in total made available...


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    #3
    Sponge Bob
    Banned (with Prison Access) Posts: 25,234 ✭✭✭✭Sponge Bob


    Thats the strange bit.

    I hear that AT PRESENT Dempsey has NOT got ANY money for Phase 3 GBS, probably gone decommissioning trawlers or some such worthy old economy **** .

    It may be a large hidden cost overrun on that Ultra mega spec Marine Institute in Galway or it could be why the Celtic Explorer is in Dry Dock undergoing some work . I will be there Sunday next to personally inspect it and to hear about the invasion :D

    I do not know where the feckin money is but I hear Dempsey does not have it .


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    #4
    jwt
    Registered Users Posts: 849 ✭✭✭jwt


    Hmmm

    A quick trawl of the DCMNR site doesn't reveal any press releases from the beginning where amounts of money available and what is was to be used for were announced.

    Is history being rewriten?

    John


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    #5
    Sponge Bob
    Banned (with Prison Access) Posts: 25,234 ✭✭✭✭Sponge Bob


    jwt wrote:
    Is history being rewriten?

    No, its here (albeit not at the beginning)

    The first 2 phases only took up about €6m-€7m between them, leaving €18-19m available in theory. Where has that €19m gone ??????


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