Pyrite Remediation Scheme Launched

Minister Hogan yesterday welcomed the publication of the Pyrite Remediation Scheme and the announcement by the Board that its online application system will begin to accept applications from homeowners affected by pyritic damage from 26 February 2014.

· From the middle of next week affected homeowners will be able to submit applications under the scheme
· All homeowners who have registered an interest on the Pyrite Resolution Board’s website will be notified when the application system goes live.

· The announcement of the Pyrite Remediation Scheme follows the enactment of the Pyrite Resolution Act 2013 in late December 2013 and the establishment of the Pyrite Resolution Board (PRB) on a statutory basis in January of this year.
· Since its establishment the PRB has prepared the scheme in accordance with the relevant provisions of the Act and has progressed the development of its online application system to the point where the system will be operational and ready to accept applications by the middle of next week.
· In October last, the Government approved initial funding of €10 million for the roll-out of a pyrite remediation scheme with further funding to be provided in the context of the stimulus package to be announced later this year.
· The initial phase of the remediation programme will deal with the circa 1,000 dwellings which, on the basis of present information, are estimated to be in need of repair.
· Cognisant of the need to optimise the resources available to it and to ensure the cost effectiveness and efficacy in the delivery of the scheme, the PRB will group dwellings together in order to achieve economies of scale and effectiveness of operations.