Since late 2016, PAI has been hard at work developing our Update Series.
Legislation and regulation are two areas where progress and change are not only expected, but are essential to the proper workings of the systems. Therefore, even highly-trained professionals in sectors covered by legislative or regulatory changes will need to be constantly aware and regularly trained in new and upcoming changes to their sector.
In response to this, we have developed a series the Updates. These workshop-style sessions are ideal companions to our training and conferences, and work to build on a solid bedding of knowledge already expected of those working and operating in a particular sector.
Last Friday, PAI held two of these Updates. Below, you can find a summary of the main talking points at each of these sessions.
Update on Sale and Development of Public Lands
Friday 3 March
Cian MacGinley of Eversheds discussed the issue of right over the lands to be developed. His example outlined the case of Dartmouth Square Park. The Dublin 6 park was bought by a businessman for €10m after the public lease lapsed. The park fell into disrepair, to the chagrin of residents. The businessman said his development plans were stopped due to resident dissent. Eventually, the council were able to buy the park back, and a regeneration began.
This was followed by Mark Varian’s presentation, which outlined the different types of development agreements for large land development. In a development agreement, projects would be delivered “For a fixed price, by a stated time, to a stated specification”. This type of deal effectively transfers the risk from the employer or site owner to the others involved in the deal. However, this is just one of the “diverse procurement methods” applicable.
Eversheds’ Angelyn Rowan followed this by confirming “Public sector buying is a regulated industry