Mr. Brian Murphy:

With regard to the PPP contracts we sign or that I sign on behalf of the State, the counterpart we deal with is a special purpose company, PPPCo, whose shareholders usually are the main contractor and an infrastructure investor, perhaps a bank or some such investor. The rules for the competition stipulate the requirements or preconditions set out by the Deputy, tax compliance and all the other compliance issues. In advance of closing, there is a rigorous process of due diligence. As part of the bid assessment also, we check all of those things, but in advance of closing, there is rigorous due diligence to ensure there is compliance with the conditions.