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ARTICLE · 25 MAY 2012

Construction Contracts Bill 2010 - An Update

Mason Hayes & Curran LLP
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Minister Brian Hayes passed the bill through the second stage of the Dáil on 3 May 2012.

IrelandCorporate/Commercial Law
Susan Bryson
Susan Bryson
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Minister Brian Hayes passed the bill through the second stage of the Dáil on 3 May 2012. The bill has been passed without any amendments to the form which was introduced at first stage. The Minister has however indicated that he intends to introduce a number of committee stage amendments dealing with the following:

Thresholds

As currently drafted, the legislation only applies to private contracts in excess of €200,000 and public contracts in excess of €50,000. The Regulatory Impact Analysis identified that the majority of disputes adjudicated in the UK have a contract value of between €10,000 and €50,000. On that basis the Minister accepts that the thresholds imposed by the bill are too high. The Minister has indicated that the amendment will either reduce or remove these thresholds.

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