The Public Audit Committee looks at reports published by the Auditor General for Scotland to examine whether public money is being spent efficiently and effectively.
On 17 December 2024 the Auditor General for Scotland published the 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited.
The report says "There are risks and uncertainty around FMPG’s financial sustainability in the longer term. The Scottish Government has confirmed continued support for FMPG for at least a period of 12 months from the date of approval of the 2023/24 annual report and accounts. Although the Scottish Government has now agreed funding for 2025/26, FMPG has no contracted work beyond the completion of vessel 802 (MV Glen Rosa)".
The report was discussed at the following Committee meetings in relation to its work programme:
Minutes of the meeting on 26 March 2025 (Work Programme):
The Committee considered its work programme and agreed to draft a report on the 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited.
Minutes of the meeting on 30 April 2025 (Work Programme):
The Committee considered its work programme and in relation to the 2023/24 audit of Ferguson Marine Port Glasgow (Holdings) Limited, the Committee considered and agreed key issues for inclusion in a draft report.
The Committee has sent and received the following correspondence during its scrutiny of the report:
Meeting note from informal discussion at Ferguson Marine Port Glasgow with Members of Public Audit Committee, FMPG Senior Management Team and Trade Union representative
Correspondence to the Convener from David Dishon, Chief Financial Officer and Interim Accountable Officer, Ferguson Marine (Port Glasgow) Limited, 10 March 2025
Correspondence to the Convener from Stephen Boyle, the Auditor General for Scotland, 31 January 2025
Written submission to the Convener from David Tydeman, former Chief Executive Officer, Ferguson Marine (Port Glasgow) Limited, 30 January 2025