IDA Ireland spent €92,574 on fitting out its boardroom at its global HQ at 3 Park Place (3PP) in Dublin. Figures released by IDA Ireland in response to a Freedom of Information request also reveal that the IDA has also spent €44,960 on six specially commissioned artworks for the offices.
The total spend on the fit out, excluding VAT for 3PP is €14.53m with contractor Sisk. The boardroom spend was made up of €75,677 on fixtures and fittings - along with €10,000 on design fixtures - and €6,897 on floor finishes including a carpet.
The €44,960 spent on six separate art pieces arose from the IDA partnering with the Irish Museum of Modern Art (IMMA) to create a shortlist of artists to create works depicting the role of FDI in Ireland over the last 70 years.
Twenty one artists were contacted and 11 submitted proposals and the five to have their work showcased at the HQ are Lucy McKenna (Accumulus), Helen McMahon (Mealladh), Vanessa Lopez (70 Manuports), Ruth Lyons (Sugar Sometimes) and Paul Hallahan (Faith In Strangers and Oh, please find my harborcoat).
IDA Ireland relocated last September to 3PP from their former HQ at Wilton Park House (WPH) where the lease was expiring on October 31st.
An IDA Ireland spokeswoman said that the project was complete "on time and on budget having pursued a strong focus on value for money for the Exchequer during the process".
"The move was one of necessity, not choice, as it was not possible to renew our existing lease in WPH," she said.
"Following a thorough and competitive tendering process 3PP was selected with a lease of 25 years. All 220 staff moved to 3PP as required with no disturbance to the business of IDA Ireland or its clients."
She said that 3PP is a "front office" for Ireland Inc. from an FDI perspective and that the global HQ "must embody and convey Ireland's status, reputation and ambition to global investors as they engage with IDA in evaluating Ireland as a location to do business".
"A modern, fit-for-purpose Global HQ is essential," she said.
The spokeswoman revealed last July, IDA's auditors reviewed the project processes on the relocation. It focused on good practice, procurement procedures, contracts and controls and had no findings to report.
"To ensure economies of scale for the exchequer, the Agency also facilitated the relocation and accommodation of three other state agencies - SFI, SEAI and the Marine Institute to 3PP from WPH as sub-tenants of IDA Ireland," she said.