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. The current FRAMC's term of office is coterminous with that of the 7th Governing Authority i.e. from 07 November 2023 to 06 November 2027
Committee support: University Secretariat | govauth@ucd.ie
FRAMC Meeting Schedule 2024/2025
| Submission Deadline | Meeting Date |
| Tuesday, 03 September 2024 | Tuesday, 01 October 2024, 10 a.m. |
| Tuesday, 29 October 2024 | Tuesday, 26 November 2024, 10 a.m. |
| Tuesday, 07 January 2025 | Tuesday, 04 February 2025, 2 p.m. |
| Tuesday, 04 February 2025 | Tuesday, 04 March 2025, 2 p.m. |
| Monday, 31 March 2025 | Monday, 28 April 2025, 2 p.m. |
| Tuesday, 13 May 2025 | Tuesday, 10 June 2025, 2 p.m. |
Please note these meeting dates and times are subject to change
Terms of reference of Finance, Remuneration and Asset Management Committee:
Purpose
In accordance with Section 12 of Chapter 5 of Statute 25, it shall be the duty of the Finance Remuneration and Asset Management Committee (FRAMC) 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.
Duties
5.1 It shall be the duty of FRAMC 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.
5.2 It shall be the duty of the FRAMC to monitor the impact of national pay and pension agreements and policies on the University’s Strategic Plan and finances.
5.3 It shall be the duty of FRAMC to consider the proposed acquisition, development, refurbishment, capital expenditure, investment, sale, other disposal or commercial exploitation of any asset, project, land or property by or of the University or its subsidiaries or joint ventures, and, if thought appropriate, to approve or recommend such proposals to the Governing Authority in accordance with its delegated authority.
5.4 It shall be the duty of FRAMC to monitor the performance of any companies under the control of the University and any joint ventures, recommend that the Governing Authority take specific action in relation to any such company or joint venture, and to review and, if thought appropriate, recommend to the Governing Authority, any management proposal for the establishment of a new company.