Leinster House bike shed: No value for money assessment carried out on project, audit finds
Such an evaluation would have allowed other options including a cheaper version or 'doing nothing' to be considered according to the audit seen by the Irish Independent.
There was public outcry after it emerged that €336k was spent on the shelter which fits 18 bikes.
Simon Harris - who was Taoiseach when the controversy first arose - described it as "inexplicable and inexcusable."
The audit to be published later today found an "absence of fundamental good practice."
A report by Deloitte into the project found there are no value for money assessments carried out on certain public projects below €500k.
Such a process would have meant the OPW would have had to outline the reasons for the costs associated with the bike shed which ran to €335,000.
The report to be published this afternoon and seen by the Irish Independent says approval for the project should only have been formalised when such an evaluation was complete.
This would have allowed officials to consider the cost and whether other options including "lower cost alternatives" and "doing nothing" should have been considered.
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