Finance, Remuneration and Asset Management Committee

Established as a standing committee of Governing Authority, the Finance, Remuneration and Asset Management Committee (FRAMC) supervises the financial affairs of the University and advises the Governing Authority on any matter relating to the financial management of the University.  FRAMC is currently in office for the period 01 February 2014 to 31 January 2019. 

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Terms of reference of Finance, Remuneration and Asset Management Committee:

-It shall be the duty of the Finance, Remuneration and Asset Management Committee to supervise the financial affairs of the University and to advise the Governing Authority on any matter relating to the financial management of the University.

 

-It shall be the duty of the Finance, Remuneration and Asset Management Committee to keep in such form as may be approved by The Higher Education Authority all proper and usual accounts and records of all income received or expenditure incurred by the University.

 

-It shall be the duty of the Finance, Remuneration and Asset Management Committee as soon as may be after the end of each financial year to make a report to the Governing Authority as to the state of the finances of the University.

 

-It shall be the duty of the Finance, Remuneration and Asset Management Committee to monitor remuneration and pay policy in the context of the University’s strategic development plan and finances and of national pay agreements and policies.

 

-It shall be the duty of the Finance, Remuneration and Asset Management Committee to monitor the financial aspects of the acquisition, development, refurbishment, sale or other disposal of any land the property of the University as provided in Section 42 of the Act and with a view to best practice for the disposal of assets, the granting of access to property or infrastructure for commercial arrangements and the management of significant capital expenditure proposals.

 

-It shall be the duty of the Finance, Remuneration and Asset Management Committee to oversee the establishment of and monitor the performance of any companies under the control of the University.

 

-The period of office of the Finance, Remuneration and Asset Management Committee shall be coterminous with the period of office of the Governing Authority.

 A Manual of The Structure, Code of Practice and Procedures of the Governing Authority of UCD

FRAMC Membership 

1 February 2014 – 31 January 2019

Mr Charles Coase MA (Oxon), FCA (Chair)

Assoc. Prof. Marie Clarke, UCD School of Education

Professor Andrew Deeks, President, University College Dublin

Cllr John Paul Feeley

Mr Michael Feeney, Chief Executive, The Institute of Banking

Professor Patrick Guiry, Director, UCD Centre for Synthesis and Chemical Biology

Mr Paul Harkin, UCD School of Medicine and Medical Science

Ms Clíona de Bháldraithe Marsh

Mr David Kelly, Bursar, University College Dublin

Professor Mark Rogers, Registrar and Deputy President, University College Dublin

 

FRAMC Meeting Schedule 2018/19

 

Submission Deadline  Meeting Date
Monday, 03 September 2018 Wednesday, 19 September 2018
Thursday, 25 October 2018 Wednesday, 14 November 2018
Monday, 07 January 2019 Wednesday, 23 January 2019