Mr. Owen Keegan:

The PPP procedures in the State require us to have a separate independent valuation of the value for money aspect. We cannot go ahead; it is not up to us. It is up to the NDFA to determine the matter and to issue the certificate. If it determines that the project does not represent value for money, we cannot proceed with it. I am only articulating what is included in the State's procedures that we are required to follow.